European Road Freight Rate Development Benchmark Q1 2021

Ti and Upply’s collaboration to provide transparency on European road freight rates through their online platforms.

Q1 2021 edition now available to download.

Key Takeaways:

1. Rising demand from other regions is benefitting intra-European manufacturing supply chains, providing some impetus for demand.

2. Increasing diesel prices and European driver shortages could become more influential in rate dynamics in the months ahead.

3. With cross channel freight rates up by 1.3% quarter-on-quarter in Q1-2021, or 5.0% year-on-year, pressure is likely to continue upwards in the months to come.

4. Rates from Duisburg-Prague (€1.42/km) jumped 9.8% y-o-y or 8.0% q-o-q. This is the first time quarterly rates on this lane have exceeded €1,000.

The report is available to download for free. Enter your details below and we will email you a copy of the report:

The European Road Freight Rate Benchmark report provides exclusive insights and analysis on:

  • Weekly road freight rate development across the top 36 international European lanes
  • The continued impact of Covid-19 on road freight rates in Q4 2020
  • Brexit impact on UK rates
  • Rate development on key high volume lanes
  • Rate development on key import/export lanes
  • Performance of Europe’s import and export hubs
  • Economic comeback
  • Significant price changes
  • Lanes to watch for the future

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