European road freight rates index up 1.1 points in Q4, hitting a new record. Via ECG Association.

The European Road Freight Rate Benchmark for Q4 2021 shows that prices ended 2021 at historic highs across Europe, driven by a volatile mix of drivers over the year with supply chain congestion, supply shortages, cost increases and spiking demand from economic reopenings across the region. The potent mix of factors, which pushed the Benchmark to new record highs three times in 2021, shows few signs of unwinding in the immediate term. 

Keep reading this article on the ECG Association Blog.