Average price-per-mile for freight vehicles up by 12%


 

The average haulage and courier price-per-mile (ppm) has increased by 12% – the 14th straight year-on-year rise, according to new industry index data. The TEG Road Transport Price Index showed that the average ppm for freight transport vehicles increased from 100.6 points to 112.2 points between March 2021 and March 2022. The Transport Exchange Group (TEG) said its figures reflected increases brought about by Brexit, driver shortages and high fuel prices, as well as the knock-on effects of the Ukraine […]