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Main highlights of the report:
Erik van Dort, Supply Chain Director at Capgemini notes: “Where this year Q1 prices were relatively favorable for carriers, Q2 turned out to be a bad quarter for them. Transport prices restored only partly from the usual Q1 dip and part of that was even caused by slightly higher diesel prices.”
Peter Förster, Managing Director of Transporeon, added: “The low diesel price continues to strongly effect transport prices so that they lie at 8.1% below the prior year level in the second quarter of 2016. What is interesting is the development of the capacity index. The high capacities could be connected to the dropping trade volumes in Europe. A reverse trend would have been expected since almost all holidays of the second quarter were in May in 2016. This could be one of the reasons why relatively little cargo space was available in May, but, on the other hand, a lot was available in April and June in relative terms.”
More details can be found in the Transport Market Monitor on http://www.transportmarketmonitor.com.
The Transport Market Monitor by Transporeon and Capgemini Consulting is a quarterly publication that aims to track transport market dynamics.
The aim of the Transport Market Monitor is to provide insights in the development of transport prices, and other transport market dynamics to logistics executives and other interest groups. It is a joint initiative from TRANSPOREON and Capgemini Consulting. The Index is based on the logistics platform TRANSPOREON on which shippers tender and process their transport needs to their preferred transport partners on a daily basis. Anonymously, information is unlocked from the platform and analysed by Capgemini Consulting. This results in monthly Indices which are published on a quarterly basis.
Capgemini Consulting is the global strategy and transformation consulting organisation of the Capgemini Group, specialising in advising and supporting enterprises in significant transformation, from innovative strategy to execution and with an unstinting focus on results. With the new digital economy creating significant disruptions and opportunities, our global team of over 3,000 talented individuals work with leading companies and governments to master Digital Transformation, drawing on our understanding of the digital economy and our leadership in business transformation and organisational change.Learn more about us at www.capgemini-consulting.com or @CapgeminiConsul.
The logistics platform TRANSPOREON connects shippers from industry & trading companies with carriers, drivers & consignees – and optimises and accelerates logistics processes by Software-as-a-Service (SaaS) solutions. TRANSPOREON allows reducing dispatch and freight costs, while minimising waiting times during loading and unloading. Currently more than 1,000 industry and trading companies, more than 55,000 carriers and more than 150,000 users from 100 countries are connected via the TRANSPOREON platform. The platform as well as the customer service is available in 23 languages.Learn more about us at www.transporeon.com.
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