Figure of the month: 44%
In November’s figure of the month, we look at truck driver jobs and what’s behind “44%”. Hint: it’s related to demand.
European road freight rates soften after hitting another all-time high in Q3
Diesel prices, driver shortages and drought in Europe have all played a significant role to push average European road freight rates up again in Q3 despite lower consumer spending. However, data from the end of the quarter shows prices softening towards the end of Q3.