The twenty-third edition of the Transport Market Monitor by Capgemini Consulting and Transporeon assesses European transport and haulage dynamics
Utrecht, 26th May 2015 - The twenty-third edition of the Transport Market Monitor (TMM) by Transporeon and Capgemini Consulting reveals that transport prices decreased by 3.7% in Q1 2015 compared to Q4 2014.
Main highlights of the report
- The price index decreased by 3.7% in Q1 2015 (index 94.5), compared to the price index in Q4 (index 98.2).
- When comparing to the index level of the previous year (index 91.5), Q1 2014, the price index is 3.3% higher.
- In Q1 2015, the diesel index decreased to an index 86.1 (-8.1%). It is now 14.8% lower than the same period last year.
- The capacity index increased further to 104.0 (+14.4%).
Erik van Dort, supply chain director at Capgemini notes: “Since 2008 we have always witnessed a sharp increase in capacity in Q1, leading to a lower price index, but in Q1 2015 the effect was not as extreme as in previous years. This is caused by the European economic recovery which has increased demand for trucking capacity. Apart from this, the low diesel price is also good news for both shippers and carriers.”
Peter Förster, Managing Director of Transporeon, added: “Despite the low diesel price, transport prices are on a higher level compared to the first quarter 2014. It seems that other factors have a stronger influence on transport prices at the moment.”
More details can be found in the Transport Market Monitor on http://www.transportmarketmonitor.com
The Transport Market Monitor by Transporeon and Capgemini Consulting is a quarterly publication that aims to track transport market dynamics.
The aim of the Transport Market Monitor is to provide insights in the development of transport prices, and other transport market dynamics to logistics executives and other interest groups. It is a joint initiative from TRANSPOREON and Capgemini Consulting. The Index is based on the logistics platform TRANSPOREON on which shippers tender and process their transport needs to their preferred transport partners on a daily basis. Anonymously, information is unlocked from the platform and analysed by Capgemini Consulting. This results in monthly Indices which are published on a quarterly basis.
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