News / UK road freight rates hit three-year high amid challenges of Brexit and Covid

Photo 77220687 © Jonathan Mitchell | Dreamstime.com

UK road freight rates have hit their highest level in three years, according to the latest data from haulage booking platform and analytics firm Transport Exchange Group (TEG).

The December reading of the TEG road transport price index showed haulage rates reached nearly 140, compared with a base of 100 in January 2019, representing a 5.3% increase between November and December last year, as seasonal demand reached its annual high.

However, with the twin challenges of Brexit and the pandemic continuing to ...