Explore the top issues affecting the freight industry and market
The freight market, across modes of transport, remains complex and requires constant monitoring to ensure your company is following the right strategy. The complexity and constant changes are posing risks which need to be managed but also present opportunities which can be explored. Such opportunities can have a significant and positive impact on your supply chain costs.
Brexit remains a significant uncertainty in the road market. The uncertainty is already causing a capacity crunch in several markets to the UK, prompting some transporters to introduce a Brexit surcharge.
US / China Trade Tensions – The trade tensions are causing changes in demand. For example, Europe – North America volumes are increasing significantly.
The driver shortage caused by new EU legislation in the summer of 2018 remains but is easing. The EU is discussing new regulations which can worsen the situation and drive road transport costs up again, just as we expect that several countries will apply road taxes on more roads and/or increase the tariffs.
Download the full Freight Industry Report
These are just some of the top issues facing the freight industry. Download our full freight industry report which provides further details on these topics along with other key issues, giving you helpful insights to use within your own business.