Latest market updates

Logistics never stands still! To identify risks at an early stage and make use of opportunities at the right time, you must always know how the transport market is developing. In doing so, it is essential to distinguish important from unimportant information and to draw the right conclusions.

Every day, our experts analyze huge amounts of data from the Transporeon platforms and combine them with years of experience in consulting and supporting customers in transport logistics. With these latest market updates, we provide you with daily key figures on the most relevant developments including chart and interpretation at a glance!

Industry Index: Automotive

Volume Index: Week 21 – Week 31 live activity on Transporeon Platform.

Selected Domestic Transport Markets

Volume Index: Week 21 – Week 31 live activity on Transporeon Platform.

Transport demand fell in week 31, with many countries below the level of demand in January/February. The reason for this overall development is the usual seasonality due to holiday periods, but this year this was reinforced by additional closures of the Covid-19 in the summer.

Selected Industries: FMCG

Volume Index: Week 20 – Week 30 live activity on Transporeon Platform.

Selected Domestic Transport Markets

Volume Index: Week 20 – Week 30 live activity on Transporeon Platform.

Selected Industries: Metal & Steel and Paper & Print

Volume Index: Week 20 – Week 30 live activity on Transporeon Platform.

Selected Domestic Transport Markets

Volume Index: Week 20 – Week 30 live activity on Transporeon Platform.

Industry Index: Automotive

Volume Index: Week 20 – Week 30 live activity on Transporeon Platform.

Recovery of Automotive industry until end of June. Now within the last weeks with big decreases, which are predominantly related to plant closures in summer vacation period.

Selected Industries

Metal&Steel - Paper&Print

Selected Domestic Transport Markets

Volume Index: Week 19 – Week 29 live activity on Transporeon Platform.

Industry Index: Wood & Timber

Volume Index: Week 19 – Week 29 live activity on Transporeon Platform.

Selected Domestic Transport Markets

Volume Index: Week 19 – Week 29 live activity on Transporeon Platform.

Selected Industries: FMCG

Volume Index: Week 19 – Week 29 live activity on Transporeon Platform.

Selected Industries

Paper & Print / Wood & Timber

Selected Domestic Transport Markets

DACH CW 18 - CW 28

Selected Industries: FMCG

CW 18 - CW 28

Selected Domestic Transport Markets

France and Spain CW18 - CW 28

Industry Index: Automotive

Industry Index: Selected industries

CW 12 - CW 27 live activity on Transporeon Plattform

Industry Index: Domestic Transport Markets II

CW 12 - CW 27 live activity on Transporeon Plattform

Industry Index: Domestic Transport Markets

CW 12 - CW 27 live activity on Transporeon Plattform

Industry Index: Automotive

CW 12 - CW 27 live activity on Transporeon Plattform

Key Cost Drivers Diesel & Tolls

Weekly Diesel Prices Jan 2019 - Jun 2020

Diesel prices have stabilized in June on a low level with first price increases visible now. Full effect of the drop in oil prices for Q2 is visible now. In week 26, Dieselprices were on average 13,3% below Q1 average price. Impact on transport rates depend on contracted fuel clause & use of spot transport.

Monitoring European Transport Demand

Volume Index: Selected international Corridors March 13th - June 25th

Majority of transport corridors with stable or only slight change in demand, excluding Italy to Germany and France with the highest increases in week 26.

Selected Domestic Transport Markets

Volume Index Poland CW 12 - CW 26

Polish domestic transport demand with high increases compared to the previous week.

Monitoring European Transport Demand

A consolidation of demand is observed and confirmed

The recovery appears to be complete. A stabilization slightly above January/February = 100 is expected. Compared to 2019, demand is around 5 - 10% below the previous year's values.

Industry index: Paper & Print

The transport demand of the Paper & Print industry continues its decreasing trend, contrary to the development in other industries.

Selected Industries

Automotive, construction materials and steel

The industries Automotive, construction materials and steel show an slight increasing demand in Week 26. The strong increase in the automotive industry continues.

Key Cost Drivers Diesel & Tolls

Diesel prices have stabilized on a low level with first price increases visible

Full effect of the drop in oil prices is increasingly visible in Q2. Diesel price collapse commencing end of January. In week 25, Dieselprices were on average 13,9% below Q1 average price, but higher than week 24. Impact on transport rates depend on contracted fuel clause & use of spot transport.

Monitoring European Transport Demand

The majority of the corridors show growing volumes, but stable markets and declines can also be observed.

Exceeding Available Capacity

EU-wide 7,1% of all contracted transport orders are declined by carriers.

This is a slight increase compared to the previous week. Compared to the same week in 2019 (13,5%) we see an ongoing indication for a current overcapacity in the market.

Selected Domestic Transport Markets

Spain

Stable growth of Spanish domestic transport demand - the spot volume increased strongly in week 25.

Selected Domestic Transport Markets

France

Contracted transport and spot market in France is showing a decline after weeks of sustained growth. However, demand remains at a high level.

Latest Market Updates: Key Cost Driver Diesel & Tolls

Weekly Diesel Prices Jan 2019 - June 2020

Diesel prices have stabilized on a low level with first price increases becoming visible in week 24. Full effect of the drop in oil prices is increasingly visible in Q2. Diesel price collapse commencing end of January. In week 24, Dieselprices were on average 14,6% below Q1 average price. Impact on transport rates depend on contracted fuel clause if applied & use of spot transport. 

Latest Market Update: Exceeding available capacity

CW 24 2019 compared to CW 24 2020

EU-wide 6,9% of all transport orders are declined by carriers. This is a slight increase compared to the previous week. Compared to the same week in 2019 (12,8%) we see an ongoing indication for a current overcapacity in the market.

A continued significantly lower offer decline rate indicates increased capacities in the transport market. The trend is backed by an increased offer ratio on the spot market.

Latest Market Update

Volume Index France CW 12 - CW 24 2020

Contracted transport market in France is showing a first decline after nine weeks of sustained growth. Nevertheless, demand remains at a high level compared to the previous weeks.

Selected Domestic Transport Markets

Poland, Austria, Germany CW 12 - CW 24 2020

Poland with highest domestic transport demand increase in Week 24, followed by Austria and Germany. The index of spot allocations declined in week 24 in Austria after a strong increase in week 21. This decline is compensated by the increase of the dominating contracted transports.

Latest Market Update: Selected Industries

Calender Week 24 2020

All major industries show an increasing demand. In calendar week 24, demand increased most strongly in the automotive, FMCG and chemical industries.

Latest Market Update: Air Cargo Development

1st Quarter 2020

Of the top cargo airports in terms of cargo tons from 2019 (loaded and unloaded freight and mail), most experience declining volumes in the first quarter of 2020.

Latest Market Update – Selected International Corridors

Week 12 - week 23, 2020

International trades recover: Most corridors show growing volumes, especially with destination France.

Latest Market Update: Selected Domestic Transport Markets

France, Italy Spain, Week 23

France with ongoing recovery: Ninth week of increase in demand and highest week-on-week increase so far. Italy & Spain follow with high increase in transport demand in week 23 as well. Our Experts from TIM Consult see an ongoing economic recovery. Some Transport Markets have already reached pre-crisis demand figures.

Latest Market Update: European Transport Demand

May 13th - May 28th, 2020

European transport is slowly recovering and has been showing a slight upward trend for weeks, however with different amplitudes in the domestic countries. In Germany, the transport volume shows a stable development, with short-term ups and downs. In Italy, after a long period of recovery, the contracted transport volume remains on a level that is slightly below pre-crisis volumes. The spot market showed increasing trend throughout the last weeks.

Latest Market Update: EU Region - by selected Industry

May 13th - May 28th, 2020

Automotive with higher demand for contracted transport than last week - the trend towards recovery continues. The construction materials volume decreased last week and in the chemical & life science industry, the number of transports fell slightly again last week.

Latest Market Update: European Transport Capacity

May 18th - May 22nd, 2020

6.1% of all contracted transport orders were declined by carriers in week 22. This is less than in 2019, when the orders decline rate was 13.5%. In detail, the order decline rate differs from country to country: Italy 6.9%. France 10.1%. Spain 8.1% & DACH region 4.5%. Almost all industries show a lower order decline rate compared to the previous year - except the FMCG industry. The European spot market trend with a higher number of offers per transport request continues.

Key Cost Drivers: Diesel & Tolls

Jan 2019 - May 2020

Effects of the drop in oil prices will be increasingly noticeable in Q2. Diesel price collapse commencing end of February. In week 21, Dieselprices were on average 16,8% below Q1 average price. Impact on transport rates depend on contracted fuel clause & use of spot transport. Our experts at TIM Consult monitor that diesel prices are still decreasing but show signs of stabilization on a low level.

European Transport Demand

(CW 20/21 - May 13th until May 20th 2020)

European transport is slowly recovering and has been showing a slight upward trend for weeks. Demand is rising and is causing an up and down on the spot market, making use of decreasing spot transport prices. This is especially noticeable in Austria. In Germany, however, the volatility on the spot market is much lower.

EU Region - by selected industries 2/2

(CW 20/21 - May 13th until May 20th 2020)

FMCG with an ongoing high transport demand level, Metal & Steel resumes its rebound to pre-crises level.  The volatile development of Paper & Print continues, yet an increasing demand was visible in the last week. Continued high demand for spot in the FMCG as well as in the Metal & Steel industries.

EU Region – by selected Industry 1/2

(CW 20/21 - May 13th until May 20th 2020)

Automotive, chemical industry and construction materials with higher demand than last week. The trend towards recovery in the automotive industry continued in calendar week 21. Transport volumes in the chemical industry and construction materials also increased last week.

Key Cost Drivers Diesel & Tolls 26.05.2020

Effects of the drop in oil prices will be increasingly noticeable in Q2. The price of diesel has fallen strongly since the Corona crisis. In week 20 Dieselprices were on average 16,6% below Q1 average price. Our experts at TIM Consult expect the diesel price to remain at a low level during the pandemic.

Automotive& chemical industry with higher demand than last week – other industries with decreases

The trend towards recovery in the automotive industry continued in calendar week 20. Transport volumes in the chemical industry also increased last week. In contrast, the negative trend in the paper and print sector continued. In the construction materials industry, the number of transports fell slightly again last week after a short-lived recovery.

Firstquarter reports from airlines show declining cargo revenues

Despite capacity bottlenecks, airlines are experiencing declining revenues from air cargo sector. Carriers are expected to continue to struggle with the consequences of the corona pandemic until 2022.

Although airlines have started to use passenger aircraft as pure cargo planes, the situation in the airfreight sector remains tense.

The share of spot awards in the air cargo business is still increased. 

Our experts at TIM Consult are currently evaluating
two possible scenarios for the further development in the air cargo sector:

Scenario A: Increasing demand & summer holidays lead to additional passenger aircraft and capacity for freight. Rates will globally get back on contracted level and further decrease. 

Scenario B: Shortages in capacity & volatile markets lead to further airline bankruptcies and bottleneck situation on trade level. Rate levels remain higher than contractually agreed.

Italy & France with ongoing recovery: Sixth week of increase in demand visible. Spain still at very low level, slight decrease in Week 20.

While indices for domestic transports in Italy and France have been recovering steadily since calendar week 14, both for spot and contract-based allocation, the value for Spain remains at a significantly reduced level. In calendar week 20, the rate-based transport volume in Spain fell again and remains 29% below the January/February transport volume.

Industry market update Automotive and Construction Materials (week 11 - 20 as of 15.05.2020)

Our experts statement:

Construction Materials:

An upward trend can be observed in the construction materials industry, although there is still a decrease of more then -20% shippers demand compared to last year.
The strong overcapacity on the truck market enables shippers to realize savings easily.

Automotive: 

After a sharp collapse in the automotive industry in March and April, we see an increasing trend in the last two weeks.  Shipper demand is still far below the previous year's level.
Current shippers' market leads to decreasing transport prices and a strong oversupply of free truck capacities.

Industry market update Construction Materials (week 11 - 20 as of 14.05.2020)

Industry market update - Construction Materials (week 10 - 19 as of 12.05.2020)

Industry market update Automotive (week 11 - 20 as of 13.05.2020)

Industry market update - Automotive (week 10 - 19 as of 11.05.2020)

 

Road transport market update - Germany domestic/export (week 10 - 19 as of 08.05.2020)

Our experts statement:

The transport market in Germany is still below the level of the previous year, whereby cross-border transports are more affected by the declines then domestic transports.

It is noticeable that there is still lot of available truck capacity on the market which allows shippers to achieve savings up to 12%.

Industry market update - Automotive, FMCG, Wood & Timber (week 14 - 18 as of 30.04.2020)

Our experts statement:

Automotive

It is obvious that the automotive industry is picking up speed again. The level is still far below that of the previous year, but with a strong upward trend. It is noticeable that the industry is using the free capacities on the  spot market more than other sectors.

FMCG

FMCG industry shows a steady trend in output, which is mainly handled with contracted carriers. The additional volumes are currently being sourced via the spot market, which is in favour due to  available free truck capacities and huge saving potentials.

Wood & Timber

The contract allocation is still below the level of the previous year. It is obvious that the wood & timber industry is taking advantage of the favorable situation on the spot market to make savings.

Industry market update - Automotive and FMCG, comparing the spot and contracted transport developments as of 27.04.2020

Double-sided corridor road market update, Germany - Italy / Italy - Germany (week 9 - 17 as of 24.04.2020)

Our experts statement:

Germany - Italy

Since week 11 demand has been declining and is still below the level of the previous year.

Although carriers have reduced their capacities considerably, the corridor DE-IT turns from a carrier market to a shipper market, which shows carrier overcapacity starting from  week 16.

Italy - Germany 

Shippers demand is still below the previous year's level, so the corridor is still seeking its balance. 

We are currently experiencing a truck overcapacity with falling prices.

Corridor road transport market updates

Germany - BeNeLux / Germany - France / Germany - Poland

In all corridor updates shows this week, we see a similar trend in transport capacity and demand. We see a huge overcapacity of the carriers in the spot market and a decline in the shippers demand in comparison to the last year.

Corridor road transport market update - Germany - BeNeLux (week 9 - 17 as of 23.04.2020)

Corridor road transport market update - Germany - France (week 9 - 17 as of 22.04.2020)

Corridor road transport market update - Germany - Poland (week 9 - 17 as of 22.04.2020)

Spot market update as of 20.04.2020 showing 02.04 - 16.04.2020

Our experts statement:

Allover Europe shippers demand is on a weak level (only exception: FMCG)  which is still below the demand level of January- February 2020.

Althought there is a carrier overcapacity on the market, its seems that shippers rather remain with contractual partners instead of using free available capacities on the transport market.

All industries are showing spot figures below the January-February 2020 values (only exception FMCG).

Spot market update as of 02.04.2020 showing 18.03 - 01.04.2020

Our experts statement:

All industries are affected by a decrease in output. FMCG still over average (January and February) but coolling down compared to last week. Automotive declined by 40% (comparison same period in January and February 2020). Metal & Steel stronger decrease in contracted volumes due to that shifting to spot market. Wood & Timber last two weeks constant slight decrease resulting in -20% (compared to January and February 20).

In calendar week 16 (14.04 - 17.04) we gave you a daily update on the road market in Europe

Please find below the corresponding statement of our experts and daily updated charts.

In Europe, the road market development is similar to that in Germany. The contracted transport demand of shippers has also declined over the last weeks compared to 2019. The spot market capacity of carriers remained high (Europe + 35% in comparison to 2019) in week 15, while at the same time the rejection ratio of contracted transports of carriers has fallen by almost 25% to 7.5% (all over Europe) compared to the previous year. Thus, the assumption that carriers are urgently seeking transports can be extended from Germany to Europe. This trend of unbalanced road transport market is expected to continue in week 16.

Road transport market update - Europe as of 16.04.2020

Road transport market update - Europe as of 15.04.2020

Road transport market update - Europe as of 14.04.2020

In calendar week 15 (06.04 - 09.04) we gave you a daily update on the road market in Germany

Please find below the corresponding statement of our experts and daily updated charts.

Our platform data show an extremely unbalanced road market at the moment. In Germany the contracted transport demand of shippers in comparison to 2020 decreased slightly over the last weeks whereas the spot market capacity of carriers literally explode on the market up to 15% compared to the week before (51% compared to the same period year before). In addition, the rejection ratio of contracted transports has decreased to 4.3% (change to week before by -42%). Together with the increased spot market capacity this definitely shows that carriers are desperately seeking transports.”

Road transport market update - Germany as of 09.04.2020

Road transport market update - Germany as of 08.04.2020

Road transport market update - Germany as of 07.04.2020

Road transport market update - Germany as of 06.04.2020

MORE INSIGHTS

Legend

Carriers order decline rate: percentage of contracted transports rejected by carriers

Shippers demand 2019 vs. 2020: change in the offer ratio of contracted transports by shippers from the previous year

Carriers capacity (spot market): free capacity of carriers on the spot market

Please be aware

  • There is no separation according to truck types, they are all included
  • Differences in the charts, when updated daily may occur due to declined, deleted or changed transports of the past

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