TMM indicates rising transport costs in spite of lower diesel price

Forwarding companies about to face difficult discussions with transport managers of shippers according to the Transport Markt Monitor (TMM)
 
The twelfth edition of the Transport Market Monitor (TMM) of Transporeon and Capgemini Consulting indicates a 7.2 per cent increase in transport prices for the second quarter 2012 as compared to the first quarter 2012. The rise between the first and second quarter of a year is a recurring event in the history of the Transport Market Monitor. This year however, recovery of the transport prices is weaker than in previous years, which is due to economic uncertainty.The slightly declining diesel price index reflects this economic trend as well. Capacity index is another major impact on transport prices, which declined by 34.9 per cent in Q2 2012 (index 78.2) compared to Q1 2012 (index 120.1). Diesel price index dropped to 107.5 index points (down 1.5%) in Q2 2012.
 
„In spite of the recession in Europe and a declining diesel price transport prices recovered during the second quarter 2012, compared to the beginning of the year. As to forwarders, this might lead to difficult discussions with transport managers of shipping customers, who will have to manage with tighter budgets. Tight communication and adjustment of forwarders and transport managers is thus important to identify various potential savings, which can be promising to both parties“, comments Klaus Schmid, CEO Capgemini in Austria.Peter Förster, Board Member of Transporeon: “Recovery of transport prices in the second quarter is nothing unusual and can be explained by a seasonal peak in spring. What is remarkable however, is the low level of transport prices compared to the same period in previous years. With the exception of the crisis year 2009, these are the lowest prices since data were collected for the Transport Market Monitor starting with the first six months of 2008.“
 
The Transport Market Monitor by Transporeon and Capgemini Consulting is a quarterly publication that aims to track and analyse transport market dynamics. The purpose of the Transport Market Monitor is to provide insights into the development of transport prices, and other transport market dynamics to logistics executives and other interest groups. The indices in the Monitor are based on the logistics platform Transporeon, on which shippers tender and process their transport needs to their preferred transport partners on a daily basis. Anonymously, information is unlocked from the platform and analysed by Capgemini Consulting.

Quelle: LogEastics

Portal: www.logistik-express.com