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Introduction

Our latest Road Market Update explores the dynamic landscape of road transport in the Euro Area, delving into the significant economic, legislative, and technological shifts shaping the industry, as well as the latest developments at DSV.

Key topics covered in this update include

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    1

    General economic development

     

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    2

    Transport capacity
    and fuel prices

  • News and Updates white icon

    3

    Sustainability: External market updates and impacts

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    4

    Driving change at DSV

  • Meeting white icon

    5

    DSV Climate Academy

General Economic Development: Euro Area

  • The Gross Domestic Product (GDP) was worth 14136.24 billion US dollars in 2022, which represents 6.08% of the world economy.
  • Inflation rate rose to 2.9% year-on-year in December 2023 from an over two-year low of 2.4% in November 2023.
  • Energy prices declined by 6.7% (vs -11.5% in November), while service inflation remained steady at 4.0%.
  • The pace of price rises moderated for both food, alcohol & tobacco (6.1% vs 6.9%) and non-energy industrial goods (2.5% vs 2.9%).
  • The core inflation rate, excluding volatile food and energy prices cooled to 3.4%.
  • On a monthly basis, consumer prices increased by 0.2% in December, following a 0.6% drop in November. 

Source: World Bank, Eurostat

GDP Inflation graph

Transport Capacity and Fuel Prices

Transport Capacity and Fuel Prices graph Source: Transporeon Market Monitor, EC Oil Bulletin

Sustainability: External Market Updates and Impacts

All road taxes and ETS are applicable from 1st Jan 2024. 

Austrian MAUT

A new increase of 8,6% on existing road tax rates.

German MAUT

1st Dec 2023: The CO₂ emission class will be a new tariff property. A CO₂ surcharge will be applied, which increases the toll rates with 0,158€ per km. 

1st Jan 2024: Vehicles that are powered by natural gas (CNG/LNG) will become subject to toll. 

1st Jul 2024: Vehicles with a Technically Permissible Maximum Laden Mass of more than 3.5 tonnes will become subject to toll.

Hungarian Road Tax

The current road tax in Hungary has been raised again. 

The first rule of decarbonization? Know your CO2

DSV takes a bold, and first in the industry step, towards a more sustainable future by fostering transparency and environmental responsibility across its Road operations.

CO2 equation illustration
  • Distance: is calculated by EcoTransIT based on information about pick-up, delivery, origin and destination addresses in DSV TMS
  • Gross Weight: information comes directly from DSV Transport Management Systems (TMS)
  • Emission Factor: The adjusted emission factor is applied by EcoTransIT with transport mode specific shipment data such as flight number & carrier information from DSV TMS
We look forward to rolling out CO2 on invoices across Europe during 2024

Manager CoE Integrations at DSV, Jeroen Lommen

DSV Climate Academy online seminars

4 chapters that take you around climate change and sustainability in the transport industry

Any questions?

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