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Ti: Q4 22 European road freight rate benchmark

Crossroads
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The Transport Intelligence (Ti), Upply & IRU ’European Road Freight Rate Development Benchmark’ Q4 2022 is now out.

Its goal is to provide transparency on European road freight rates – a snapshot follows:

Falling demand for road freight during an unsurprisingly lackluster peak season allowed spot rates to fall in Q4 2022. Meanwhile contract rates remained elevated with high fuel prices and a continuing driver shortage in Europe.

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