European road freight rates caught between rising costs and weak demand
Spot rates on European road freight routes may finally be reaching their nadir, after having ...
European haulage contract rates recorded their first climb since Q4 22 in the three months to September – but on the spot market, the situation remains gloomy.
Recording a 1.2-point drop, spot rates notched up a fourth consecutive quarter of declines on the Upply x Ti x IRU index, to leave them 14.8 points down year on year, and closer to their 2017 base level than the current average contract rate.
Describing the situation as “appalling”, ...
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