Newly launched Transport Market Monitor by Capgemini Consulting and TRANSPOREON assesses European transport dynamics
Transport rates show signs of recovery after hitting rock bottom during the recession
Capgemini Consulting and TRANSPOREON today announce the launch of the first-ever Transport Market Monitor report, which shows encouraging signs of recovery in the transport market. During the economic downturn, European transport volumes dropped dramatically, with transport prices also free-falling and hitting rock bottom in February 2009, when the index showed a price decline of 23% from October 2008. However, prices increased and stabilised in Q2, and the latest figures from Q3 show another increase, with prices almost back to the healthy levels enjoyed in October 2008 (prices are now running at 97% of October 2008).
The Transport Market Monitor – a joint effort between TRANSPOREON and Capgemini Consulting – provides insights into the development of transport prices, and other transport market dynamics, to logistics executives and other interest groups.
The indices is based on TRANSPOREON’s logistics platform, where shippers tender and process their transport needs to their preferred transport partners on a daily basis. The platform handles a yearly transport volume of over €2 billion in all European countries, and Capgemini Consulting analyses anonymous information from the platform. The analysis develops monthly indices that are published on a quarterly basis. In addition to the indices, the report also discusses one or more market themes, supported by detailed analysis. This edition focuses on the impact of the recession on the transport market.
Interview with Hugo Haarmann (Senior Consultant Supply Chain Management at Capgemini Consulting) and Michel Haenen (Key Account Manager Benelux at TRANSPOREON):
