A Ukraine peace agreement: the effect on Europe's supply chains
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© Nikolay Malshakov
Post-peak holiday blues are hitting European road freight rates “harder than usual”, but there seems some positivity among the major hauliers.
The UpplyxTixIRU rates index indicates spot and contract rates dropped 7.5 and 2.8 percentage points, respectively, quarter on quarter for the three months to 31 March, amid falling volumes and rising capacity.
Upply CEO Thomas Larrieu said: “While it’s typical for road freight rates to dip after the holiday season, this year’s drop is hitting harder than usual.
“The market appears to ...
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