Ti’s latest market forecasts show that the European road freight market will recover from an anticipated real terms contraction of 6.2% in 2020, with a CAGR of 3.4% from 2020-2024.
As the coronavirus pandemic brought the world to a standstill the European Road Freight market faced big challenges resulting in Ti’s forecast contraction of 6.2% year on year in 2020.
Ti’s latest whitepaper provides insight into the sectors expected return to some level of growth over the next 4 years. It also looks at the impact the economy, diesel prices, climate policies and of course Brexit will have on this complex market.
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