PUBLISHER: Transport Intelligence Ltd. | PRODUCT CODE: 1303604
PUBLISHER: Transport Intelligence Ltd. | PRODUCT CODE: 1303604
Weak recovery for road freight amidst uncertain, challenging and complex market environment. European road freight market to grow just 1.4% in 2023 .
‘ European Road Freight Transport 2023 ’ offers in-depth market projections, trade forecasts , and competitive landscape analysis - an essential tool for business leaders making critical decisions.
Source: Ti
Use the report to understand market growth opportunities and challenges , and what the market will look like in 5 years.
Source: Ti
"The economic downturn is taking its toll on the European road freight market. Slowing economic growth in the EU exacerbated by high inflation weakens demand for road freight services in, through and out of Europe. Looking ahead, the market dynamics will be influenced by the macro development, but overall we expect the road freight market to be flat in 2023. With volumes dropping and available capacity increasing, the downward trend in rates looks set to continue in 2023." Viki Keckarovska , Report Author, Ti.