FLS continues to hold pricing

FLS continues to hold pricing while the cost of road freight continues to rise

In the latest transport price index, released from TEG this week, they confirm that the market has shown a significant price per mile increase in September, which follows a month-on- month increase since January supporting their strong expectations of further rises.

FLS boasts the UK’s largest network of carriers engaged via our platforms, giving the team information on their location, when they are empty and where they need to go. This data insight enables FLS planners to assign vehicles close to collection point, regardless of their origin.

This digital working improves vehicle turnaround speed and offers cost and carbon benefits through mitigating empty mileage, enabling FLS to commit to continued fixed prices for many clients even in this volatile market.

To discuss fixed vs spot pricing and how FLS can leverage both to support your business then please get in contact. 01633 288 400

Index summary

Inflation and fuel prices fall for now, but TEG Road Transport Price Index continues to rise – and courier prices hit three-year high

The UK faces a bumpy road ahead as it battles a currency crisis and adverse economic conditions.

While road freight companies might find themselves with lower daily costs, a recession will certainly mean reduced demand. Companies will, therefore, have to become even more adept at capitalising on what demand there is. Whether they do that by embracing technology or find efficiencies another way, now is the time for the industry to prepare itself.

But the road transport industry is attempting to streamline operations where it can, particularly by introducing sustainable technology. Plus, with driver numbers back to pre-COVID levels, the sector can face any upcoming challenges with confidence.

See more detail at TEG >