Transport barometer Compared to the beginning of last year, the European transport market made a strong start in 2017, as current figures from the TimoCom transport barometer leave in no doubt. In the first quarter, the freight share was 43:57 in relation to unoccupied capacity. All in all, even the classic February drop in freight rates did not throw the transport market off course.
In January, the freight share was 44 percent, and thus a mere 7 percent lower than during the strong Christmas month of December.
In February, the freight share dropped somewhat, as expected. In the middle of the quarter, for example, the freight share was at 39 percent compared to 61 percent unoccupied capacity.
In March, the transport barometer rose by 8 percent to a freight share of 47 percent. This made it the strongest month of the first quarter.
Spring freight in sight
Looking ahead, Gunnar Gburek, TimoCom Company Spokesman explains: “So far, we have not experienced any fallout from economic and political uncertainties. It will be exciting to see the eventual impact on the development of Europe’s transport sector.” Despite these uncertainties, TimoCom’s experts are assuming that in April, May and June, the transport platform will experience its traditional increase in freight orders at this time of year. As a result, freight would once again exceed unoccupied capacity on the market.
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[Compared to the beginning of last year, the European transport market made a strong start in 2017, as current figures from the TimoCom transport barometer leave in no doubt.
