The Ti, Upply & IRU European Road Freight Rate Development Benchmark Q1 2024

Providing transparency on European road freight rates through their online platforms.

Q1 2024 edition now available.


KEY DATA FOR Q1 2024:

  • Rates fall in spot & contract markets.
  • Spot rate index down 8.2 points y-o-y.
  • Falls in the contract rates index have slowed, down 1.0 points y-o-y.
  • CO2 based tolling comes into effect in Austria, Hungary and Czech Republic, pushing rates up in those markets.
  • Spot rate outlook suggests reduced rate declines as we enter a more stable demand environment.

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Ti, Upply and IRU will continue to collaborate and create quarterly updates on European Road Freight Rate Benchmarks.