Transporeon and Capgemini Consulting have published the latest, thirtieth edition of the quarterly Transport Market Monitor. report. The purpose of the analysis is to present the dynamics of the transport market in Europe, taking into account price trends in transport, cargo volumes of completed shipments, and future forecasts.
The analysis conducted by Capgemini Consulting is based on anonymous data collected from the Transporeon platform, through which shippers manage logistics processes according to their needs and assign transports to selected carriers.
The main points of the report are:
– The price index decreased by 0.6% in the fourth quarter of 2016 (index 94.5). Compared to the index level in the previous year, in the fourth quarter of 2015, we can see that the price index is 3.7% lower.
– Compared to the same period in 2015, all months in 2016 show a decline in the price index.
– In the fourth quarter of 2016, the capacity index rose to 93.6 (+10.3%). Compared to the fourth quarter of 2015, the capacity index is therefore 5.7% higher.
– The diesel price index recorded an increase for the third consecutive quarter, with its current value at 75.2. This index is 7.6% higher than in the third quarter of 2016.
Erik van Dort, Supply Chain Director at Capgemini, notes: – November and December were characterized by a high capacity index value, while the price index recorded a significant decline in November. In December, we saw a recovery in the price index, but considering the imbalance between supply and demand typical for the first quarter, it is logical to expect a further decline in prices during this period.
Peter Förster, Managing Director of Transporeon, adds: – Throughout 2016, the transport price index remained below the 2015 level, by an average of 5.2%. One of the reasons was the low price of diesel. Undoubtedly, a decline in the price index is expected again in the first quarter of 2017. The diesel price index has recently recorded a continuous increase, so I conclude that from the second quarter of 2017, the transport price index will be much higher again.
More information about the Transport Market Monitor can be found at: www.transportmarketmonitor.com