Utrecht - The twenty-sixth edition of the Transport Market Monitor (TMM) by Transporeon and Capgemini Consulting reveals that transport prices decreased by 2.4% in Q4 2015 compared to Q3 2015.
Main highlights of the report:
- The price index decreased by 2.4% in Q4 2015 leading to an index of 98.2, which is at the exact same level as in Q4 2014.
- The capacity index increased to 88.6 (14.3%). However, the capacity index in Q4 2015 was 2.6% lower than in Q4 2014 (index 90.9).
- In Q4 2015, the diesel index increased by 0.1% to an index of 73.1, just above the six year low.
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Erik van Dort, supply chain director at Capgemini notes: "The Q4 price index is exactly the same as the Q4 price index in 2012 and Q4 2014. The capacity available was a bit lower than last year in Q4. That this does not lead to a higher price could be caused by the still exceptionally low costs of diesel, which was in Q4 2015 20% lower than in the same quarter of the previous year."
Peter Förster, Managing Director of Transporeon, added: "I will be watching developments in terms of transport prices and capacities with great interest. So far, the first quarter has generally brought an increase in capacities and falling prices. However, it remains to be seen how far prices will fall from the current low level."
More details can be found in the Transport Market Monitor on http://www.transportmarketmonitor.com.
The Transport Market Monitor by Transporeon and Capgemini Consulting is a quarterly publication that aims to track transport market dynamics.
The aim of the Transport Market Monitor is to provide insights in the development of transport prices, and other transport market dynamics to logistics executives and other interest groups. It is a joint initiative from TRANSPOREON and Capgemini Consulting. The Index is based on the logistics platform TRANSPOREON on which shippers tender and process their transport needs to their preferred transport partners on a daily basis. Anonymously, information is unlocked from the platform and analysed by Capgemini Consulting. This results in monthly Indices which are published on a quarterly basis.
With more than 180,000 people in over 40 countries, Capgemini is one of the world's foremost providers of consulting, technology and outsourcing services. The Group reported 2015 global revenues of EUR 11.9 billion. Together with its clients, Capgemini creates and delivers business and technology solutions that fit their needs and drive the results they want. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore®, its worldwide delivery model.
About Capgemini Consulting
Capgemini Consulting is the global strategy and transformation consulting organization of the Capgemini Group, specializing in advising and supporting enterprises in significant transformation, from innovative strategy to execution and with an unstinting focus on results. With the new digital economy creating significant disruptions and opportunities, our global team of over 3,000 talented individuals work with leading companies and governments to master Digital Transformation, drawing on our understanding of the digital economy and our leadership in business transformation and organizational change. Learn more about us at www.capgemini-consulting.com or @CapgeminiConsul
The logistics platform TRANSPOREON connects shippers from industry & trading companies with carriers, drivers & consignees – and optimizes and accelerates logistics processes by Software-as-a-Service (SaaS) solutions. TRANSPOREON allows reducing dispatch and freight costs, while minimizing waiting times during loading and unloading. Currently more than 1,000 industry and trading companies, more than 55,000 carriers and more than 150,000 users from 100 countries are connected via the TRANSPOREON platform. The platform as well as the customer service is available in 23 languages.
Learn more about us at www.transporeon.com.