The only global customs transit system.

This IRU Intelligence Briefing looks at the broader macroeconomic situation in the Gulf Cooperation Council region, how this is impacting road freight and trade flow trends, and challenges in managing demand patterns.

The European Road Freight Rate Benchmark Q2 2024

The Upply x Ti x IRU European road freight rates index for Europe shows that Q2 rates fell in the contract index by 1.3 points quarter on quarter. In contrast, the spot rate index rose by 3.5 points quarter on quarter. Year on year, the spot index is now up slightly by 0.8 points, while the contract index is down 0.7 points.

The TIR system is efficient, fast, secure, transparent and predictable. Why and how? TIR enables goods to be shipped from a country of origin, transiting as many as necessary, to a country of destination in sealed load compartments.

IRU's 2023 annual report highlights the organisation's work in a year when it marked 75 years of achievements, with progress on key challenges facing the industry, including driver shortages, digitalisation and decarbonisation.

The Upply x Ti x IRU European road freight rates index for Europe shows that Q1 rates fell in both the spot and contract markets.

This presentation, for all partners and stakeholders, summarises the key findings of a research study for IRU’s Green Compact which assessed scenarios for decarbonising commercial road transport in the EU to reach net-zero by 2050.

The Upply x Ti x IRU European road freight rates index for Europe shows that the spot rates index moved further below the contract rates index in Q3 2023. The spot index fell for the fourth consecutive quarter, while the contract spot index climbed for the first time since Q4 2022.

Europe has 105,000 unfilled bus and coach driver positions – 10% of total positions, with significant variations geographically and by sector.