Road freight rates fall

Road freight rates on key international routes in Western Europe have fallen by seven per cent over past five months – after rising by 20 per cent in two years, according to the recent international road freight index compiled by Transport Intelligence. By the end of May 2012, the index was 21.2 per cent higher than in May 2010, the starting point for the index. After this date, however, rates have fallen consistently. The index is based on actual transactions settled in euros using data provided by Freightex, the European freight service provider. It shows that road freight rates have fallen seven per cent in the past five months from their peak.

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