TMM index shows fall in transport prices

The Transport Market Monitor (TMM), run by Transporeon and Capgemini Consulting, has shown that transport prices have fallen by 0.6% in Q4 of 2016 by comparison to Q3.

By comparison to Q4 of 2015 the TMM showed that prices had fallen by 3.7%.

In addition, the TMM monitor found that by comparison to equivalent months in 2015, all months in 2016 show a decrease in the price index. The capacity index for the industry increased to a level of 93.6, an increase of 10.3%, in Q4 of 2016. This is 5.7% higher than the same period in 2015. Finally, the diesel index showed growth for the third quarter consecutively. This is now 7.6% higher than Q3 of 2016.

“There was a lot of supply available in November and December, and the price level suffered in November,” said Erik van Dort, supply chain director, Capgemini. “We saw prices restoring in December, however. But with the usual unbalance in demand and supply in the first quarter it is logical to expect a further decline in prices in Q1 2017.”

Peter Förster, managing director of Transporeon, said: “The transport price index was below the level of 2015 for the entire year of 2016, by an 5.2 per cent on average. One reason for this was the low diesel price. Admittedly, a further decrease of the price index is expected for the first quarter of 2017. Since the diesel price index ultimately continued to rise, however, I assume that the transport price index will be considerably higher as of the second quarter of 2017.”  
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