The average freight price per kilometer traveled closed the month of September at R$ 6.44, after a 1.30% increase compared to August. This is indicated by the Edenred Repom Freight Index (IFR). One of the reasons for the variation is the heating up of industrial activity, especially in the civil construction and consumer goods sectors. According to the Purchasing Managers’ Index (PMI) of the Brazilian industry, the sector advanced to 53.2 in September, from 50.4 in the previous month, considering the 50 mark that separates growth from contraction, in an indicator that has a variation scale from 0 to 100.
“The impact on freight prices has been caused by the increase in transport demand originating from the industrial sector, as for fuel we have observed stability in diesel prices which, according to the Edenred Ticket Log Price Index (IPTL), ended September at R$ 6.10 for the common type, stable compared to August, and the S-10 at R$ 6.17, after a slight increase of 0.16%”, comments Vinicios Fernandes, Director of Edenred Repom.
In addition, according to Fernandes, there is an expectation of an increase in the dollar price, which should be maintained until the end of the year, and in the SELIC rate – this should stay above the projected rate at the beginning of 2024, which may contribute to the upward trend in freight prices. “These two factors directly impact the operating costs of transport companies, both in fuel prices and fleet maintenance,” explains the Director of Edenred Repom.
The IFR is an index of the average freight price and its composition, based on the 8 million annual freight and toll transactions managed by Edenred Repom. Edenred Repom, a brand of Edenred Brasil’s Mobility business line, has been specialized in expense management and payment for the road cargo transport market for 30 years, a leader in the freight and toll payment segment with 8 million annual transactions and over 1 million truck drivers served throughout Brazil.
