Capgemini: Trend to extend payment deadlines for forwarders

Transport prices increase only moderately in Q3 2012 despite the record high of diesel prices
 
As shows the current edition of the Transport Market Monitor of Transporeon and Capgemini Consulting, in the third quarter of 2012 the price index rose 0.6 per cent compared to the second quarter of 2012. The price index rose for the second time in a row; despite considerably increasing capacities, which normally are opposed to the price index. This exceptional development is due to the record high of diesel prices.
 
“Due to the unfavourable conditions in the market shippers are confronted with an increasing margin pressure. As we observe this burden is passed to forwarders in the form of extended payment deadlines. This limits liquidity of forwarders, who are restricted in their flexibility, in particular when it comes to paying their drivers’ wages“, says Hendrik Müller, logistics expert with Capgemini Consulting.
 
Peter Förster, one of the managers of Transporeon says „It is increasingly difficult to make reliable analyses of prices and capacities. This becomes currently visible in the uncommon phenomenon of price and capacity index rising at the same time. Growth forecasts for the Eurozone was recently revised downwards, which might affect transport prices in the near future.“

Quelle: LogEastics

Portal: www.logistik-express.com