
The Q3 2026 European Road Freight Rate Benchmark from IRU, Upply and Transport Intelligence shows contract and spot road freight rates at record levels. Operating costs are rising faster than rates, with French costs up about 14% January to September against 7% for contract rates.
The industry bodies attribute the cost rise mainly to diesel, which averaged €2.05 per litre in Q3, up 32% year on year.
Diesel-driven haulage cost increases raise the delivered cost of feed ingredients across Europe and may force further rate pass-through to shippers. Margin stress could also reduce hauling capacity, adding upward pressure on logistics costs.
After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), 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.