Contract and spot rates fall again in Q2 2023, driven by high consumer prices, lagging wages, falling demand for goods, lower fuel prices, increased capacity and greater competition. The spot index has also fallen below the contract index for the first time in 6 years. This downward trend in rates looks set to continue into H2 2023.
Use the Q2 2023 European Road Freight Rate Development Benchmark report to track volatile pricing and plan for future price changes.
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