News / Tough times for Europe's hauliers – freight rates soften as diesel prices rise

31/01/2019

Road transport freight rates in continental Europe declined in the fourth quarter last year, as hauliers injected more capacity into the market.

According to the latest market index produced by Transporean and TIM Consult, road transport capacity steadily increased during 2018, after being heavily constrained the year before, which resulted in spot freight rates declining.

TIM Consult managing director Oliver Kahrs said: “We have observed prices below the level of 2017 here for the first time, when capacity bottlenecks characterised the market.”

The Transport ...