Supply chain bottlenecks and a shortage of raw materials - companies in the packaging industry are also increasingly complaining about this. Timocom, a company specialising in freight technology, has now reported that over one million open truck freight orders have been accumulated.
The pressure on the logistics sector is due to a variety of reasons. In addition to coronavirus and Brexit, there is also the blockade in the Suez Canal due to the accident involving the cargo ship Ever Given in the Suez Canal. The FreightTech company Timocom is now sounding the alarm and has announced that the company's freight exchange has recorded over One million open lorry freight orders that urgently need to be processed. The company is also expecting to see a Further escalation of the situation. It is therefore recommended that transport service providers of all kinds join digital freight exchanges at short notice.
Ketchup effect Increases pressure
Timocom explains that the Ever-Given accident around two months ago set a process in motion that is now reaching downstream hinterland transport with a time delay. This Ketchup effect is now having an effect. Especially in inland waterway and rail transport, there is a lack of massive resources, which further increases the pressure on European road freight transport. Traffic jams at the loading ramp are still causing delays. As a result, there are more empty runs to the next order. The Massive lack of cargo space has an almost across the entire industrial and commercial sector from.
„It was clear that it would not be possible to transport the large volume of goods that was now arriving in European ports in a concentrated form due to the Suez Canal blockade. The capacity of cargo space for onward carriage was also limited from the outset. We had anticipated this development and assume that this will continue to affect the availability of transport capacity in Europe in the coming weeks.“ Gunnar Gburek, Company Spokesman from Timocom
Timocom transport barometer: significant freight surplus
According to the Timocom Transport Barometer, the first quarter of 2021 already exceeded the previous year's figure by 58 per cent. During this period, compared to the same quarter of the previous year Over ten million more freight entries transacted. In Germany, Poland and France in particular, domestic transport grew exponentially, not least due to the change in consumer behaviour during the pandemic, which saw investments in consumer goods in particular, many of which came from overseas. According to Timocom, the transport barometer for all three core markets currently shows the same trend of a clear freight surplus compared to available cargo space.
[infotext icon]With the Transport barometer the FreightTech company Timocom has been analysing the supply situation of freight and loading space capacities on the road transport market in 46 European countries since 2009. [/infotext]Source: Timocom
