UTRECHT, 24-Aug-2016 — /EuropaWire/ — The twenty-eighth edition of the Transport Market Monitor by Capgemini Consulting and Transporeon assesses European transport and haulage dynamics
The twenty-eighth edition of the Transport Market Monitor (TMM) by Transporeon and Capgemini Consulting reveals that transport prices increased by 5.3% in Q2 2016 compared to Q1 2016.
Main highlights of the report:
- The price index increased by 5.3% in Q2 2016 (index 96.3). When compared to the index level of the previous year, Q2 2015, we see that the price index decreased by 8.1%.
- In Q2 2016, the capacity index decreased to an index level of 87.9 (-20.6%), its highest level for Q2 since the beginning of measurements for the TMM. Compared to Q2 2015, all 2016 Q2 months show an increase in the capacity index.
- The diesel index made a slight recovery from the all-time low index observed in Q1 2016: an index of 68.4. This index is 15.8% higher than Q1 2016.
Erik van Dort, Supply Chain Director at Capgemini notes: “Where this year Q1 prices were relatively favorable for carriers, Q2 turned out to be a bad quarter for them. Transport prices restored only partly from the usual Q1 dip and part of that was even caused by slightly higher diesel prices.”
Peter Förster, Managing Director of Transporeon, added: “The low diesel price continues to strongly effect transport prices so that they lie at 8.1% below the prior year level in the second quarter of 2016. What is interesting is the development of the capacity index. The high capacities could be connected to the dropping trade volumes in Europe. A reverse trend would have been expected since almost all holidays of the second quarter were in May in 2016. This could be one of the reasons why relatively little cargo space was available in May, but, on the other hand, a lot was available in April and June in relative terms.”
More details can be found in the Transport Market Monitor on http://www.transportmarketmonitor.com.
The Transport Market Monitor by Transporeon and Capgemini Consulting is a quarterly publication that aims to track transport market dynamics.
The aim of the Transport Market Monitor is to provide insights in the development of transport prices, and other transport market dynamics to logistics executives and other interest groups. It is a joint initiative from TRANSPOREON and Capgemini Consulting. The Index is 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 analyzed by Capgemini Consulting. This results in monthly Indices which are published on a quarterly basis.
About Capgemini Consulting
Capgemini Consulting is the global strategy and transformation consulting organization of the Capgemini Group, specializing in advising and supporting enterprises in significant transformation, from innovative strategy to execution and with an unstinting focus on results. With the new digital economy creating significant disruptions and opportunities, our global team of over 3,000 talented individuals work with leading companies and governments to master Digital Transformation, drawing on our understanding of the digital economy and our leadership in business transformation and organizational change.
The logistics platform TRANSPOREON connects shippers from industry & trading companies with carriers, drivers & consignees – and optimizes and accelerates logistics processes by Software-as-a-Service (SaaS) solutions. TRANSPOREON allows reducing dispatch and freight costs, while minimizing waiting times during loading and unloading. Currently more than 1,000 industry and trading companies, more than 55,000 carriers and more than 150,000 users from 100 countries are connected via the TRANSPOREON platform. The platform as well as the customer service is available in 23 languages.
Learn more about us at www.transporeon.com.
Capgemini Press contact:
Erik van Dort
Tel.:+31 (0)30 689 71 19
Transporeon GmbH Press contact:
Tel.: +32 (0)3 808 24 45