1、THE EUROPEANROAD FREIGHT RATEDEVELOPMENTBENCHMARKTHE EUROPEANROAD FREIGHT RATEDEVELOPMENTBENCHMARKM A Y 2 0 2 6Q1 20261 IRU Upply Ti|The European Road Freight Rate Benchmark|Q1 2026-May 2026CONTENTS#01.European Road Freight Rate Benchmark Index .302.Volume Development03.Comparison of International L
2、anesComparison of Domestic LanesEuropean Road Freight Rates Sentiment Index 2.7Supply Side Issues04.05.06.13.19.26.33IRU Upply Ti|The European Road Freight Rate Benchmark|Q1 2026-May 202601EUROPEANROAD FREIGHT RATEBENCHMARKINDEX3Source:UpplyEuropean Road Freight Rate Benchmark Index01.IRU Upply Ti|T
3、he European Road Freight Rate Benchmark|Q1 2026-May 20264In Q1 2026,the European road freight rate indexes(Jan 2017=100)showed continued divergencebetween contract and spot markets.Contract rates rose to 140.1 index points,a solid 3.2-point increase quarter-on-quarter(QoQ)and an8.9-point increase ye
4、ar on year(YoY),reflecting sustained demand for contracted volumes at higherlevels.Meanwhile,spot rates edged down slightly to 132.3 index points,falling by 2.8 points QoQ and endingthe period 2.0 points lower YoY.This suggests a cooling-off period and a return to more normalconditions after the bus
5、y season.The upward momentum seen through mid-2025 has stalled.Data on RatesBENCHMARK SPOT AND CONTRACTThe European spot rate index declined after the holidays,reflecting the typical Q1 post-peak demandpattern.At the start of the year,European consumers remained cautious,as cost pressuresdampened ho
6、usehold spending across the EU.The Eurozone savings rate fell to 14.4%in Q4 2025,thelowest level since Q3 2023,confirming a downward trend.However,income growth(0.8%QoQ)isrising more slowly than inflation,leaving little buffer to absorb a price shock after the inflationarypressures triggered by the