In February, the average price charged by haulage drivers and companies fell for the second consecutive month. The year-on-price was also down, despite meteoric rises in inflation and operational costs over the last year. The latest data from the TEG Road Transport Price Index revealed that haulage prices in February were 3% lower than in January, and […]
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The average price-per-mile for road freight vehicles has dropped for the second month in a row, as the industry prepares for its peak demand period. Haulage price changes are driving the overall price down, having decreased by 1.9 points during November. By contrast, courier prices are already on the way up, rising 0.6 points. The […]
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The latest TEG price index data reveals road transport prices have risen for the sixth consecutive month, against a backdrop of runaway inflation and potential recession. The average price-per-mile for UK haulage vehicles rose by 1 point this month, to 117.8 points in August, after showing signs of falling midway through the month. This follows […]
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The latest TEG index data reveals that the average price-per-mile for haulage vehicles dropped between June and July for the first time since 2019, in line with lower fuel prices The average price-per-mile for haulage vehicles has decreased from 118.5 points in June 2022 to 116.8 points in July 2022, according to the TEG Price Index. […]
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As the UK haulage industry faces a perfect storm of rising fuel costs, inflation and recruitment issues, supply chain leaders appear to be turning to digital technologies. Demand for haulage is soaring: according to Transport Exchange Group’s membership base of over 8,500 businesses, haulage bookings are up 13% year-on-year. However, soaring fuel prices are putting […]
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Rising costs are fueling an uncertain future for the logistics industry. The sector is entering a new era at a time when world crises are still ongoing and have not been fully settled. We spoke to Lyall Cresswell, Founder & CEO of Transport Exchange Group, about what rising costs mean for the sector, the uncertain […]
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New industry data reveals that haulage price-per-mile index fell below courier figures for the first time in 11 months, but industry costs remain high. As the haulage capacity crunch shows signs of subsiding, the TEG Road Transport Price Index for haulage vehicles has fallen below the courier vehicles index for the first time since March 2021. This […]
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