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Road freight rates: why are they so volatile?
Episode 319th January 2023 • Ti Talks Supply Chains • Ti Insights
00:00:00 00:31:54

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Average European road freight contract rates are at an all-time high, at 129.7 index points. In the spot market, rates have hit 142.6 points.

  • Rates on many European lanes are beginning to soften after this Q3 peak.
  • Diesel costs usually account for one third of the total operating transport costs, but given the increase, they may now account for 50% of costs.

It’s a volatile time. This episode guests will discuss the Ti, Upply & IRU European Road Freight Rate Development Benchmark, Q3 2022. The team cover truck driver positions around Europe, Germany’s production challenges, inflation in the UK and how all these things affect rates.

Guests include:

Michael Clover, Head of Commercial Development, Ti Insight

Nathaniel Donaldson, Economic Analyst, Ti Insight

Thomas Larrieu, Chief Executive Officer, Upply

Marie-Anne Cervoni, Senior Manager, Strategy & Market Intelligence, IRU

The graphs which are referenced in the episode are available to view in the report, which you can download for free here.

Save your space on the next Ti, Upply, IRU European Road Freight Rate

Development Benchmark , Q4 2022 Webinar which takes place on 8 February 02.00 PM, London.

Links and more about the panel