ti-iru-upply

First fall in road freight rates since early 2020

The Upply x Ti x IRU European road freight rate index for Europe showed the first fall in spot rates since the first quarter of 2020, of 2.4 index points in Q4 2022 versus Q3. However, spot rates still remain up 18.1 points on Q4 2021. Meanwhile, the contract rates index rose 0.4 points quarter-on-quarter in Q4 and contract rates are now up 19.0 points year-on-year. The drop in European spot ... [+]