Transporeon / Capgemini Transport Market Monitor: Transport capacities reached a seven year low in 2Q 2017

The thirty-second edition of the Transport Market Monitor by Capgemini Consulting and Transporeon assesses European transport and haulage dynamics

UTRECHT, 24-Aug-2017 — /EuropaWire/ — The thirty-second edition of the Transport Market Monitor (TMM) by Transporeon and Capgemini Consulting reveals that transport capacity decreased by 41.7% in Q2 2017 compared to Q1 2017.

Main highlights of the report:

• The capacity index decreased by 41.7% to an index level of 65.8 in Q2 2017. Compared to Q2 2016, the capacity index is 25.2% lower.
• The price index increased by 17.7% in Q2 2017 (index 101.2). When comparing to the index level of the previous year, Q2 2016, we see that the price index increased by 5.1%.
• The diesel index declined after four quarters of growth, to an index of 77.7. This index is 6.2% lower than Q1 2017.
• The European Trade Flow Index is expected to drop by 3.1% in Q2 2017, but remains on a high level compared to the previous years.

Erik van Dort, Supply Chain Director at Capgemini, notes: “Although it is normal for the price index to recover after a traditionally slow first quarter in terms of transportation, this year’s price increase of nearly 18% is particularly high. It will be interesting to see whether capacity will remain this low in Q3, to prevent the decrease of price that has become normal these last few years.”

Marc-Oliver Simon, Managing Partner of Transporeon, added: “Transport capacities reached a seven year low in the second quarter of 2017. This is due, for one thing, to the booming economy. Another reason might be the increasing shortage of drivers. It is indicative of this development that transport prices increased in the second quarter, for the first time since 2014, in spite of the decline in diesel prices. Up-to-date allocation tools, such as on web-based platforms, offer good opportunities to obtain necessary capacity at short notice at times like these, above all at a competitive price. ”

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.

Learn more about us at www.capgemini-consulting.com or @CapgeminiConsul

About Transporeon

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 25 languages.

Learn more about us at www.transporeon.com.

SOURCE: Capgemini

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