Episode 3

Published on:

19th Jan 2023

Road freight rates: why are they so volatile?

Average European road freight contract rates are at an all-time high, at 129.7 index points. In the spot market, rates have hit 142.6 points.

  • Rates on many European lanes are beginning to soften after this Q3 peak.
  • Diesel costs usually account for one third of the total operating transport costs, but given the increase, they may now account for 50% of costs.

It’s a volatile time. This episode guests will discuss the Ti, Upply & IRU European Road Freight Rate Development Benchmark, Q3 2022. The team cover truck driver positions around Europe, Germany’s production challenges, inflation in the UK and how all these things affect rates.

Guests include:

Michael Clover, Head of Commercial Development, Ti Insight

Nathaniel Donaldson, Economic Analyst, Ti Insight

Thomas Larrieu, Chief Executive Officer, Upply

Marie-Anne Cervoni, Senior Manager, Strategy & Market Intelligence, IRU

The graphs which are referenced in the episode are available to view in the report, which you can download for free here.

Save your space on the next Ti, Upply, IRU European Road Freight Rate

Development Benchmark , Q4 2022 Webinar which takes place on 8 February 02.00 PM, London.

Links and more about the panel


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About the Podcast

Ti Talks Supply Chains
Data and analysis from the Ti Insights team
Deglobalisation, China’s soft power, reshoring strategies... Navigating through supply chain trends has never been more challenging (and captivating) for strategists.
Ti Talks Supply Chains is a must-listen for global supply chain professionals. Each episode the Ti Insights research team, led by Prof. John Manners-Bell, offers lively discussion on the key trends, data and analysis impacting global supply chains.
From technology, to politics to Ocean Freight rates, our regular podcast will keep you up to date on the forces driving supply chains in 2022 and beyond.
Ti Insights research is built on data from the GSCI knowledge portal, a data powerhouse with over 1million pieces of data and analysis.

About your host

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Kirsty Adams