The European Road Freight Rate Benchmark for Q3 shows that prices have hit historic highs across Europe, driven by a mix of robust economic growth, global supply chain bottlenecks, rising costs and scarce capacity. Ti and Upply are joined by IRU for the Q3 Benchmark for the first time. / • The Q3 2021 European Road Freight Rate benchmark index stood at 107.6, 3.0 points higher than in Q3 2020 • Q3 2021 is the 5th consecutive quarter of rate increases and a 4% rise from the rates seen in Q2 2020 • French domestic road freight rates continue rising steadily, increasing 3.5% year-on-year in Q3 2021 • Freight rates are expected to rise further in Q4 2021 as demand increases and capacity remains tight (....)