Transportation responds with moderate optimism to a 2021 marked by the pandemic, digitalization and Brexit
Alpega Group publishes a study on the impact of COVID-19 on road freight transport and the market trends for the coming month
Brussels, June 25th, 2021 – The outbreak of coronavirus in March 2020 has utterly changed the road freight transport landscape. Only transport professionals themselves can explain how they have dealt with this situation and describe what perspectives it holds for the coming months.
For this reason, the Alpega Group, the leading logistics software company offering modular solutions to cover all transportation needs, backed by 35 years of experience in the market, conducted a macro-survey where more than 1.200 logistics and transport companies across Europe participated through its freight exchanges, Teleroute and Wtransnet. From this survey a complete analysis has just been published.
The conclusions of this study show that the worst is over, and that the sector is moderately optimistic as it awaits future events before considering the crisis to be over.
At a time when challenges such as the recovery of the industry, digitalisation and Brexit are already on the agendas of many companies, professionals rate their degree of optimism about transport for the next few months at 6.2 out of 10.
While the majority of respondents acknowledge having experienced a significant reduction in transactions in 2020 compared to 2019, there are expectations for the sector’s recovery. An encouraging future can also be seen when talking about transport prices, where we find that a third of the responses even point to an increase in prices.
The pandemic has also highlighted the need to advance in the process of digitalization of the transport companies. Digital tools have played a key role in recent months. The use of freight exchanges has increased, a trend that responds to the need to find alternative routes, as well as to find return loads from unusual destinations amidst growing demand for transport.
The coronavirus crisis has coincided with the United Kingdom’s exit from the European Union. As the study shows, this has caused a sceptical reaction among European hauliers. Excessive bureaucracy and lack of information are the main reasons given by the respondents for a possible reduction in the activity.
Road freight transport is a sector that did not stop during the most difficult moment of the crisis. This will continue even more strongly now that we can see the light at the end of the tunnel.
You can access the complete study by following this link.
About Alpega Group
Alpega Group is a leading global logistics software company offering modular solutions that cover all transportation and logistics complexity needs. By bringing together the best solutions and market expertise, the Alpega Group has created the transportation industry’s only scalable end-to-end software suite.
Alpega TMS empowers transport professionals to manage the logistics and supply chain processes, it transforms global and local supply chains into collaborative ecosystems, bringing together all parties involved. Alpega TMS’s unique scalability and best-in-breed standalone solutions ensure shippers benefit from a system that evolves alongside their needs, regardless of the complexity of their logistics processes. Our freight procurement solution, TenderEasy, provides a world-class solution for sourcing transportation providers across air, land and sea. In terms of freight exchanges, 123cargo, Teleroute and Wtransnet are leading European marketplaces designed to match spot shipments and truck capacity.
These platforms and the data which flows through them, alongside our 30+ years’ experience in transportation lets us enable businesses to optimize their supply chain planning and execution while benefitting from lower costs and higher visibility. All of Alpega’s solutions combine to create added value for customers. Our community of 80,000 carriers and 200,000 members are electronically connected every day to successfully manage critical transport processes. Alpega is present in 80 countries worldwide and employs 500people with 31 different nationalities.
More information can be found at www.alpegagroup.com