The latest information from the TEG Road Transport Price Index has divulge that haul and messenger prices increased slightly from March to April . With haulage prices up 3.6 % and courier prices up 2 % , this travel along the radiation diagram of the last four year , except for the immediate consequence of Covid-19 .
Year - on - year , haulage prices are actually 2 % down , but courier prices are 3.6 % higher , leaving the overall index somewhat up on its April 2022 degree .
In the cheek of stubborn inflation , driver shortage and provision chain troubles , it seems falling Rudolf Diesel costs have n’t been enough to keep cost down .
Supply Sir Ernst Boris Chain in the spotlightRecent psychoanalysis revealed that the UK economy is lose £ 12 billion a year to cater chain issues . When provision chain of mountains monetary value spiral , they impress business organisation ’ bottom bank line , which is often reflected in price ascension being pass onto customers .
For example , even though haulage damage are 2 % down , year - on - year , haulier are having to charge 11 % more than they did during the same period four years ago .
business sector can diminish the impact of supply mountain range issues through the kind of integrated digitization Integra offering . With a quarter of the UK ’s trucks running empty , digitization can assist hauler look to share truck place and create efficiencies .
Lyall Cresswell , CEO of Integra , says : “ Falling diesel price is very welcome news show for the diligence . It reduces a Clarence Shepard Day Jr. - to - day disbursal for everyone , making every Roman mile cheaper . But it ’s clean that there are more lasting problems affect hauliers ’ and couriers ’ price . One of those is the number one wood shortage , so it ’s encouraging to see the government once again taking legal action to get new driver on the road . "
“ Another issue altogether is provision chain monetary value . streamline operations through digital answer can help greatly here , so I ’d encourage any route shipment transport company to build digital tools into workaday processes . Then they ’ll be more capable to brave any costly supply chain perturbation , ” says Cresswell .
Kirsten Tisdale , Director of Logistics Consultants Aricia Limited and Fellow of the Chartered Institute of Logistics & Transport , says : “ The overall TEG index commonly pass up at this time of year , 2020 excepted . The courier ingredient has always gone up in April , but this year ’s increase was the smallest . The haulage chemical element has also travel up in April but go on to be deflationary against last yr – despite accusal of profiteering in this sector , this is the eleventh calendar month ply for which spot rates have been lower class - on - yr . ”
Read the latestTEG Road Transport Price Index .
For more information : https://transportexchangegroup.com
