The European Road Freight Rate Development Benchmark Q2 2024

The European Road Freight Rate Development Benchmark Q2 2024

The IRU x Upply x Ti European road freight rates index shows that Q2 rates fell in the contract index by 1.3 points quarter on quarter. In contrast, the spot rate index rose by 3.5 points quarter on quarter. Year on year, the spot index is now up slightly by 0.8 points, while the contract index is down 0.7 points.

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