TMM reveals rising transportation prices in 2nd quarter

Transporeon and Capgemini’s Transport Market Monitor (TMM) states that transportation prices have remained relatively consistent over the last four years

The 20th edition of the Transport Market Monitor (TMM) shows, among other things, an increase in transportation prices of 9.3% in the second quarter of 2014 compared to the first quarter. The key points of the report are as follows:

•        Compared to the first quarter of 2014 (index 91.5), the transportation price index rose by 9.3% to 100.0 points in the second quarter of 2014.

•        In comparison to the same quarter the previous year, the transportation price index fell by 0.6% (index 100.6) in the second quarter of 2013.

•        The diesel price index rose to 101.5 points (+0.5%) in the second quarter of 2014.

•        The transportation price index has, on average, ranged relatively consistently between 100 and 102 (apart from the seasonally determined decline in the first quarter) since 2010.

•        The capacity index recorded a sharp fall to 78.9 points (-31.1%) in the second quarter of 2014 compared to the first quarter of 2014 (index 114.4).

•        A moderate increase in the transportation price index is expected for the remainder of the year.

Klaus Schmid, Chairman of the Board of Directors of Capgemini in Austria, commented as follows on the development: „As is usually the case in the second quarter, prices have again recovered through increased demand and are now just under the previous year’s values. This means price trends on the spot market have now remained stable for four years. There are also no signs of greater price movements within the market at the moment. Subject to the effects of external influences such as economic trends and political tensions which are still uncertain at present, we also assume that prices will rise slightly over the rest of the year.“

Peter Förster, CEO of Transporeon, added: „The economic performance of some European countries has, in fact, continued to be weak over the last four years. Price and capacity indices have however developed in a stable manner Europe-wide during this period. The price index has performed at a somewhat lower level however since 2010 than 2008.

Transporeon and Cagemini Consulting’s Transport Market Monitor is a quarterly publication which presents and analyzes dynamic developments on the transportation market. Its aim is to provide logistics managers and other interest groups with insight into the development of the transportation market. The index is based on Transporeon’s logistics platform, which shipping agents use on a daily basis to record their transportation requirements and assign them to their preferred transportation partners. The data are anonymously collected from the platform and analyzed by Capgemini Consulting. The result is monthly indices which are published on a quarterly basis.

www.transportmarketmonitor.com/de/home.html

Quelle: LogEastics
Portal: www.logistik-express.com