Utrecht, November 21 2017 - The thirty-third edition of the Transport Market Monitor (TMM) by Transporeon and Capgemini Consulting reveals that transport capacity and price indices remain at extreme levels.

Main highlights of the report:

  • The capacity index increased by 2.6% to an index level of 67.4 in Q3 2017. Compared to Q3 2016, the capacity index is 20.5% lower.
  • The price index increased by 0.6% in Q3 2017 (index 101.8). When comparing to the index level of the previous year, Q3 2016, we see that the price index increased by 7.0%.
  • The diesel index declined to an index of 75.3. This index is 3.0% lower than Q2 2017.
  • The European Trade Flow Index is expected to drop by 5.7% in Q3 2017.

Erik van Dort, Supply Chain Director at Capgemini Consulting, notes: 'As usual we saw an after-summer dip in capacity in September. But this year, the September decline was particularly sharp, leading to the highest prices of the year. Typically we would expect that this will normalize from October onwards, but it will be interesting to see whether this materializes in the current market'

Oliver Kahrs, Director Strategic Initiatives at Transporeon, added: 'In September, we recorded the lowest capacity index since January 2008. This means that transport prices are also very high. Although capacities grew slightly overall in the 3rd quarter, they dropped suddenly in September. It is difficult to predict whether the situation will see further recovery in the 4th quarter. The level remains fundamentally too low. Capacity constraints are the dominant topic in the sector, for which reason the current diesel prices are also not reflected in the transport prices. It can moreover be anticipated that the price of crude oil will soon increase again as a result of global political developments.'

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 analyzed by Capgemini Consulting. This results in monthly Indices which are published on a quarterly basis.

About Capgemini Consulting

Capgemini Consulting is the global strategy and transformation consulting organization of the Capgemini Group, specializing 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, the global team of 3,500 talented individuals work with leading companies and governments to master Digital Transformation, drawing on their understanding of the digital economy and leadership in business transformation and organizational change.

Find out more at: http://www.capgemini-consulting.com/

About Transporeon

The logistics platform TRANSPOREON connects shippers from industry & trading companies with carriers, drivers & consignees - and optimizes and accelerates logistics processes by Software-as-a-Service (SaaS) solutions. TRANSPOREON allows reducing dispatch and freight costs, while minimizing waiting times during loading and unloading. Currently more than 1,000 industry and trading companies, more than 65,000 carriers and more than 100,000 users from 100 countries are connected via the TRANSPOREON platform. The platform as well as the customer service is available in 24 languages.

Learn more about us at www.transporeon.com.

Capgemini SE published this content on 21 November 2017 and is solely responsible for the information contained herein.
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