Daily News from April 7th, 2020

Across Europe total distance driven reduced by 23% from first week of March till last week.

Current transport market conditions are volatile and vary between industries, regions, and modes. For European road transport, demand has decreased due to the shutdown of various industries and so has the overall truck capacity – truck distance driven has declined by 23% from the first week of March to last week. This has lead to overcapacity for some industries, regions, and lanes, whereas others are still undersupplied. Digitized means of managing transportation, with real-time and predictive insights are best equipped to handle this volatile situation as Gartner is discussing in an article that can be found here:

https://www.gartner.com/en/documents/3982948 

 

Article Provided by Sixfold

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