INDUSTRY NEWS: EU-UK ROAD FREIGHT TRAFFIC REMAINS SUBDUED

INDUSTRY NEWS

EU-UK road freight traffic remains subdued

Truck volumes carried via Eurotunnel’s freight shuttle services were down 14%, year on year, in June and fell 4% in the first six months, despite 4% growth in the first quarter.

EU-UK road freight traffic remains subdued

Will Waters | Lloyds Loading List | Monday, 15th July 2019

Truck volumes carried via Eurotunnel’s freight shuttle services were down 14%, year on year, in June and fell 4% in the first six months, despite 4% growth in the first quarter.

UK-EU international road freight traffic carried via Eurotunnel’s freight shuttle services remain subdued, due to a mixture of factors including the ongoing political uncertainty in the UK and weakness in the wider European automotive sector.

Eurotunnel reported that truck traffic in June 2019 was down 14% compared to June 2018, “mainly due to the impact of weakness in the automotive sector, which has been slow to restart after spring shutdowns”. But it noted that “express courier flows continue to hold up well”.

In the first six months of the year, road freight traffic was down 4%, year on year, with nearly 810,000 trucks crossing the Channel on Eurotunnel’s Le Shuttle Freight services.

That decline of 4% in the first six months of the year comes despite the fact freight traffic grew by 4% in the first quarter, when more than 440,000 freight vehicles were carried as some companies accelerated orders ahead of anticipated disruption caused by the UK’s original planned departure date from the EU.

The port of Dover also recorded growth in the first quarter of the year, but is expected to also show declines in the second quarter.

Source: https://www.lloydsloadinglist.com/freight-directory/news/EU-UK-road-freight-traffic-remains-subdued/74644.htm#.XS2Ut3dFyUl