European hauliers squeezed as rates fall and costs keep rising
Both spot and contract rates in the European road freight market have fallen as the ...
TRANSPORT INTELLIGENCE reports:
2020-2023 saw significant volatility in the automotive sector and although it appears to be emerging from the short-term crisis, the market is highly unstable with fundamental change affecting all areas of the industry. New data from Ti projects that:
– In 2022 the automotive logistics market grew 4.6% y-o-y.
– By the end of 2023, the market will be valued at €78,618.00 million, with real growth of 3.1%.
– How fast will the market grow out to 2027?
The whitepaper breaks down Ti’s 2022, 2023 & 2027 market sizing and forecasts, and examines the impact of the automotive supply chain crisis, semiconductor shortage, and EV demand growth.
To download the full whitepaper for free, please click here.
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