UK road haulage import and export prices have continued on a downward trend during the third quarter although there was some uplift in September, according to the latest data from European transport service provider Freightex.
The logistics company’s latest pricing data shows that UK average full-load import prices for a 1,000km journey declined from just over £1,350 at the start of the quarter to around £1,310 at the end of the period.
Meanwhile, UK full-load haulage export rates for a 1,000km journey slipped from £720 to £690 over the same period.
Year-on-year third quarter export and import rates ended the quarter down on last year. Current import rates of £1,310 were down from £1,350 at the end of the third quarter 2011 and current export rates of £690 were down from just under £800 at the end of the third quarter 2011.
Freightex CEO Tim Phillips said: "During the last quarter we have seen a continuing decline in road haulage import and export prices, although there was a slight uplift as we ended September. This decline during the third quarter reflects seasonal volume declines as factories across the continent reduce output as staff take holiday breaks.
"Meanwhile, currency fluctuations and the general economic conditions have had an impact on the year-on-year comparison figures. The strength of the pound has also resulted in more UK companies using continental hauliers to benefit from savings generated by the exchange rate."
Freightex’s data is based on the prices charged by its network of approved hauliers. Haulage prices are calculated from customer full load rates paid for accompanied tilt/taut trailers on routes in and out of the UK to Europe. ADR (dangerous goods) loads, express loads, refrigerated transport and mega-trailers are excluded.