Automotive

Automotive industry software which improves design, development, production, testing and sale of motor vehicles and related parts and equipment.

Transport Barometer: "Golden Autumn" Falls Flat

16-Feb-2016
Transport Barometer:
The economic climate cooled off significantly at the turn of the year as a result of faltering economic data in Europe, the refugee crisis and pessimistic shippers which also had an impact on the TimoCom transport barometer. The freight to vehicle ratio was 46:54 in the fourth quarter and therefore remained well below expectations even though the final quarter started off positively.

In October, the European transport market continued to build on the momentum of the summer. A freight to vehicle ratio of 49:51 for this month was slightly above the comparable figure for the previous year (48:52 in 2014). Particularly striking was the fact that the "normal" decline in freight volume between September and October was not as significant this year as compared to previous years. The freight share in this period dropped by five percentage points in 2013 and 2014, whereas this figure was just three percentage points in 2015.

Freight volume really started to go down in November. The freight share in the European transport market dropped by a total of eleven percentage points – the most significant decline between two months since 2011. The freight to vehicle ratio was 38:62 at the end of November. In the last quarterly report, TimoCom's Chief Representative Marcel Frings expected November to be a particularly positive month for freight having forecast freight share exceeding 50%: "Yet, the exact opposite happened. This illustrates why I should never pursue a career as a clairvoyant or as the 'Oracle of Erkrath'," says Frings with a grin, "and it also once again just shows how dynamic the transport and logistics industry really is".

The basis for his positive assessment was hard facts rather than a crystal ball. If you consider the historical data for both of the final quarters, the targets in the third quarter were set as if an upturn in the freight volume was expected for November.

However, this year customers, manufacturers and transport service providers were a bit late with their Christmas business. This delay in turn had a positive impact on earnings in December. The transport barometer pushed itself to the limit again in the final month and increased its freight volume by an unbelievable 13 percentage points. This type of final spurt has been unprecedented since data was first collected for the transport barometer. Thanks to this supreme effort, the month of December drew to a close with a minor freight surplus (51:49).

The freight to vehicle ratio for 2015 as a whole amounted to 47:53 in the final account and was two percentage points above the previous year (45:55). The freight share in all quarterly accounts was above the comparative value of the previous year. The outlook is cautiously positive. "2016 is currently difficult to assess without the gift of clairvoyance. Dealing with terrorist attacks and the heightened terrorist threat as a whole, the increase in security checks and how to address the refugee situation – these are all issues which have a direct impact on the European economy," explains Frings. "Irrespective of this, there are some positive signs for 2016. Spain and Ireland, for example, appear to have emerged from the financial crisis with stronger and higher quality growth. Consumption may prove to be a central pillar which benefits from rising employment and higher wages. In a diverse region like Europe, this positive effect will of course not be equally prevalent everywhere. However, it will still be sufficient enough for the growth figures to indicate a positive stabilisation effect rather than a prolonged downturn."

New branding identity for Lectra
1 week ago
ANSYS Simulation Technology Enables Ferrari To Race Past The Competition
1 month ago
Alcorta ensures full traceability of automotive components with Zetes’ serialisation solution
1 month ago
HMT supports fast-paced growth with advanced FocusQuantum for OPW and flat fabric
1 month ago
K3 Syspro and Anota work seamlessly to provide efficiencies for Auto-Sleepers
3 months ago
The Digital Age Is Already Here, Especially in the Automotive Industry
3 months ago
Daifuku launches IoT control range for OEMs
4 months ago
Lectra appoints Rodrigo Siza, Regional Director of Spain and Portugal
5 months ago
Paint it black
5 months ago
Frost & Sullivan Confers Lectra's Versalis® Digital Leather Cutting Solution with Product Leadership Award
5 months ago
SAP S/4HANA Powers Healthy Water, Cool Places to Eat, Connected Cars, Safe Homes
6 months ago
GateHouse Logistics Joins Panel at Automotive Leaders Summit
7 months ago
Lectra supports world-leading automotive supplier’s airbag operations launch
7 months ago
Enhanced Infor CloudSuite Automotive Gains Honda Certification
8 months ago
Lectra helps automotive suppliers leverage Industry 4.0 opportunity
8 months ago
Datalogic Scanners Help Fullers Logistics achieve 99.93% of KPIs
10 months ago
Hirschmann Automotive turns to Industry Expert AXIT
11 months ago
Sequential Delivery Provided by inconsoWMS Automotive
1 year ago
Ambitious Long-Distance Just-in-Sequence Tracking Solution Planned
1 year ago
Digital Automotive Project Wins Technology Competition
1 year ago
Gruppo Mastrotto Accelerates Digital Transformation with Lectra
1 year ago
Innovative Camera Solutions Promise Truck Drivers ‘Extra Pair of Eyes’
1 year ago
Implico Promises Innovative Downstream Solutions in Singapore
1 year ago
Laziale Interni Auto harnesses the power of the digital cutting value chain with a second Versalis®
1 year ago
SAP RFNO Solution Wins Friends at Major Retail Petroleum Fair
1 year ago
GM Names Manhattan Associates a 2015 Supplier of the Year
1 year ago
ECA Moves Up the Leather Value Chain With Zero-Buffer Cutting
1 year ago
Vantage Power Takes Cloud on the Road with Infor
1 year ago
General Motors Renews Plum Logistics Contract
1 year ago
“Cloud produces Intelligent Supply Chains” – White Paper
1 year ago
Zanini Moves its Management System to the Cloud with Infor CloudSuite Automotive
2 years ago
Telogis Apps for iOS Transform the Lives of Mobile Workers
2 years ago
Mario Levi Increases Production and Agility with Lectra
2 years ago
Jaama Creates New Business Analyst Post As Expansion Continues
2 years ago
Intelligent Telematics Launches Fleet Safety Reporting That Combines Driver Behaviour Data and Vehicle Camera Footage for the First Time
2 years ago
MyMiX: Engaging and involving drivers to encourage better driving performance
2 years ago
AGM Telematics announce the release of their FREE routeMASTER mobile app
2 years ago
EnviroVent cuts annual fuel costs by £36,000 using TomTom Telematics to improve driver behaviour
2 years ago
PodsystemM2M helps Local Motion in its Mission to Create the Largest Network of Connected Vehicles on the Planet
2 years ago
Colo21 Now Offers Real-Time Tracking, Scan-on-Delivery and POD Management for Free
2 years ago
Greenroad Introduces Innovative Integrated Video Solution To Enhance Driver Safety And Protect Fleets From Fraudulent Claims
2 years ago
Bertrandt SAS adopts Lectra’s 3D design solution for car seat development and prototyping
2 years ago
ANSYS Charges to the Forefront of Electric Vehicle Development with Drayson Racing Technologies
2 years ago
AGM routeMASTER and Green MotorSport ride European WAVE
2 years ago
Carlson Vehicle Transfer selects Intelligent Telematics for 3G camera solution
2 years ago
AXIT publishes Success Model for Procurement Processes in the Automotive Industry
2 years ago
Johnson Controls renews strategic partnership agreement with Lectra
2 years ago
Adblue® And What It Means For Car Fleets Using SCR Technology
2 years ago
Ferrari Cruises To Victory Using Ansys Simulation
3 years ago