European road freight contract and spot rate indices reached record highs in the third quarter of 2026, at 148.9 and 147.6 points respectively. Road trade volumes on major corridors fell 4.5% quarter on quarter, while high diesel costs contributed to rising transport rates and squeezed haulier margins.
Higher road transport costs can increase the delivered cost of feed and agricultural inputs, even as weaker freight volumes point to softer transport demand. Elevated diesel costs are a key pressure behind the rate increases.
After 153 past logistics events, ULSD / Diesel moved a median +0.4% over 5 sessions (52% higher; middle half -2.7% to +4.0%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.