Transport rates show signs of recovery after hitting rock bottom during the recession
Newly launched Transport Market Monitor by Capgemini Consulting and TRANSPOREON assesses European transport dynamics
Publicatiedatum 7 December 2009
Capgemini Consulting and TRANSPOREON today announced the joint launch of the first edition of the ‘Transport Market Monitor’ report, which shows encouraging signs of recovery in the transport market. During the economic downturn, European transport volumes dropped dramatically, with transport prices also free-falling and hitting rock bottom in February 2009, when the index showed a price decline of 23% from October 2008. However, prices increased and stabilised in Q2, and the latest figures from Q3 show another increase, with prices almost back to the healthy levels enjoyed in October 2008 (prices are now running at 97% of October 2008).
“The index clearly shows the transport market is recovering from the crisis as the current index is almost at the level of October 2008. But what surprised me even more is the 25% price difference between the highest and lowest offered price per transport order. This means that opportunities exist to optimise transport costs,”said Roy Lenders, Vice President Global Supply Chain Management of Capgemini Consulting. “Many companies are interested in the question of whether they pay a fair price for their transportation services. This question is difficult to answer given the volatility in transport prices, the inherent price differences in transport lanes across Europe, and the large number of different types of transport, such as full truck load, less-than-truckload, parcels, and so on. With this Transport Market Monitor, we create some more market transparency and hope to be able to provide the market with an index which clearly guides the relative developments in transport prices across Europe.”
Peter Förster, Managing Director of TRANSPOREON, added: “The Transport Market Monitor provides a unique insight into the transport market.
By taking a closer look at what happens on the platform, we can develop new logistics
strategies for shippers and carriers to benefit from the dynamic nature of the
market. This mechanism can be used best when shippers dispatch dynamically and
don’t try to fix the market in static contracts. By doing this shippers can benefit
from abundant capacity at the transport market and reduce transport costs. Price
differences between the highest and lowest offer are 25% on average! As shown
by the Transport Market Monitor these differences even increase with longer transport
distances.”
About the Transport Market Monitor
The Transport Market Monitor - a joint effort between TRANSPOREON and Capgemini
Consulting - provides insights into the development of transport prices, and other
transport market dynamics, to logistics executives and other interest groups.
The indices is based on TRANSPOREON’s logistics platform, where shippers tender
and process their transport needs to their preferred transport partners on a daily
basis. The platform handles a yearly transport volume of over €2 billion in all
European countries, and Capgemini Consulting analyses anonymous information from
the platform. The analysis develops monthly indices that are published on a quarterly
basis. In addition to the indices, the report also discusses one or more market
themes, supported by detailed analysis. This edition focuses on the impact of
the recession on the transport market.
Download a copy of the Transport Market Monitor online.
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About Capgemini
Capgemini, one of the world’s foremost providers of consulting, technology and
outsourcing services, enables its clients to transform and perform through technologies.
Capgemini provides its clients with insights and capabilities that boost their
freedom to achieve superior results through a unique way of working, the Collaborative
Business ExperienceTM. The Group relies on its global delivery model called Rightshore®,
which aims to get the right balance of the best talent from multiple locations,
working as one team to create and deliver the optimum solution for clients. Present
in more than 30 countries, Capgemini reported 2008 global revenues of EUR 8.7
billion and employs 90,000 people worldwide. More information is available at
www.capgemini.com.
Capgemini Consulting is the Global Strategy and Transformation Consulting brand of the Capgemini Group, specializing in advising and supporting organizations in transforming their business, from the development of innovative strategy through to execution, with a consistent focus on sustainable results. Capgemini Consulting proposes to leading companies and governments a fresh approach which uses innovative methods, technology and the talents of over 4,000 consultants world-wide. For more information: www.capgemini.com/services-and-solutions /consulting.
Rightshore® is a trademark belonging to Capgemini.
About TRANSPOREON
The TRANSPOREON Group is operator of the logistics platform TRANSPOREON, the
tender platform TICONTRACT and the retail logistics platform MERCAREON. Currently
more than 400 shippers, more than 23.000 carriers and more than 45.000 users from
70 countries are linked via the platforms of the group. Presently freight orders
with a volume of 6 billion EUR are organized via the solutions of the TRANSPOREON
Group. The platforms are available in 12 languages – support is provided in 15
languages.