Euro road freight rates are falling, but costs are up and driver shortage persists
European road freight spot rates are beginning to fall back to more normal levels, but ...
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By Stuart Todd
German premium car manufacturer Mercedes-Benz’s decision to cut its freight costs by 10% from 1 February, resulting in a corresponding reduction in freight rates, has caused uproar among the country’s SME road hauliers serving the industry; they see the move as squeezing already slim margins further.
Industry federation BGL claimed such a move, thought to be industry-wide, lacke legitimacy and it would push its members out of a market of “ruinous” rates in favour of low-cost providers from Eastern Europe, and ...
Comment on this article
Jakub Zawidzki
February 03, 2025 at 9:47 amVery interesting.
I thought contracts are bilateral and customer can’t decide about rates by himself. Something I don’t understand here.
Secondly there is one very worrying and short term vision conclusion coming from this article: thread are Central and Eastern carriers who are part of European Union, not Chinees forwarders growing on our market, not duties which will be imposed by USA.
How short term and stupid approach in western Europe and Germany there is. Very disappointing.
Instead of being united and face external risk, defend European market we will fight internally. IN Washington, Pekin and Moscow they are already opening Champagne, celebrating stupidity of EU.