The cost of transportation in European highway reached a new high!

According to IRU (World Transportation Organization) and UPP, European highway freight development benchmark studies have shown that the European transport cost index is at a historical high. Compared with the situation a year ago, it increased by 7.5%, and it showed an upward trend for four consecutive quarters. The industry is one of the pillar industries of the European economy. Since more than half of Europe’s goods are transported through the road. The primary factor of cost growth is the rise in fuel prices and the rise in the price of trucks. In addition, with the Russian and Ukraine War, the industry is also facing problems such as lack of labor.

In addition to cost growth, road transportation goods are also facing delay problems. According to research, the percentage of the goods that have not arrived on time are close to 20%, and the number before the epidemic is only 10%.


Post time: Jun-07-2022