Supply chain transport planning may be hit by price increases that mean the cost of moving goods is now at a three-year high.
The Transport Market Monitor, published by Transporeon and Capgemini, has found that the recent rises in European road transport rates have led to the price index rising 7.8 per cent in the second quarter of the year.
This constitutes a year-on-year rise of three per cent, with the diesel index increasing 5.8 per cent in quarter two.
The report identified the construction industry as one of those that will experience the highest price rises, with timber transport costs rising by more than ten per cent.
Print and paperboard material transport costs rose the least but still increased by approximately 5.2 per cent during the study period.
Companies looking to cut their overall logistics costs may want to consider the savings available from improving the maintenance, repair and operations supply chain, which Business Excellence recently claimed is often overlooked.
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