European road freight rates registered their first annual decline last year, after the pandemic excoriated demand across the continent. 
According to new data from Transport Intelligence and digital road freight marketplace Upply, road freight rates across Europe fell on average by 1.6%, giving a benchmark rate of €1,060 ($1,271), or €1.55/km.  
“After four years of data collection, this is the first registered price fall,” says a new report from the firms. “In 2019 a 1.5% increase …

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Source: The Loadstar