European Road Freight Market Size & Growth 2020

European Driver Shortages

The European road freight market will contract 6.8% in 2020. After a tumultuous year and faced with Covid-19 lockdown disruption, both the domestic and international road freight market has shrunk in real terms by 6.2% and 8.0%, respectively. The pandemic has also significantly altered European road freight pricing dynamics, causing unpredictable pricing trends.

Our latest whitepaper contains a breakdown of European Road Freight growth, mid-year market sizing data, split by country and domestic & international. The whitepaper also contains analysis of 2020 road freight pricing volatility.

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