Road freight prices soar as impact of inflation and Brexit kicks in, new research reveals


 

Inflation and Brexit sent December road freight prices soaring, new research from Transport Exchange Group (TEG) shows. The hike in road freight prices comes as operators brace for further supply chain disruption in 2022 as Covid-19 continues to cause economic strain and new EU custom checks kick in on imports. The latest TEG Road Transport Price Index shows that the average price-per-mile for haulage and courier vehicles increased by 5.3 points between November and December. After a 3.3-point drop between […]