Utrecht, 24th February 2015 - The twenty-second edition of the Transport Market Monitor (TMM) by Transporeon and Capgemini Consulting reveals that transport prices decreased by 1.2% in Q4 2014 compared to Q3 2014.
Main highlights of the report
Erik van Dort, supply chain director at Capgemini notes: “Due to the worldwide decrease of oil prices, the diesel index showed a sharp drop of 7.2% in Q4 2014. However, the transport price index decreased by only 1.2%. There was no shortage of capacity (+5%), so we can see that the downward effect of cheap fuel has not been reflected in transport rates. We expect that the diesel price effect, combined with the traditional drop in demand in Q1 this will have a strong downward effect on the price index in the next quarter.”
Peter Förster, Managing Director of Transporeon, added: “The traditionally strong Christmas sales in November and December might be one explanation why transport prices remained relatively stable in the fourth quarter.”
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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