European road freight rates overtake pre-Covid levels, but capacity still down

Freight rates on European roads rose in October and passed pre-crisis levels, according to new data from Transporean, indicating an economic recovery might be under way.
The company’s transport market monitor showed the European road freight spot rates price index in October was 1.2% higher than October 2019.
It was also 3.6% higher than in September this year.
However, Transporean executives noted that part of the reason for the price rise was due …

The post European road freight rates overtake pre-Covid levels, but capacity still down appeared first on The Loadstar.

Source: The Loadstar

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