Providing transparency on European road freight rates. Contracts rates index flat while the spot index falls
KEY DATA FOR Q3 2024:
Spot rates fall to 122.4 points, 6.1 points down Y-o-Y.
Contract rates remain flat vs Q2, and are down 2.2 points Y-o-Y.
Diesel prices fell through Q3 but have increased in October.
The outlook for freight rates remains subdued, as industrial output remains low and consumer demand remains relatively weak.
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