StartNewsFreight drops by 0.54% in March, the first since November, indicates...

Freight drops 0.54% in March, the first since November, reports Edenred Repom

According to data from the latest Edenred Repom Freight Index (IFR) analysis, the average freight price per kilometer traveled in March was R$ 7.35 nationwide, representing a slight decrease of 0.54% compared to February. This is the first decrease in the average price recorded by the IFR since November 2024.

Although factors that typically pressure freight costs upward, such as the increase in the freight table minimum and the start of the harvest, were observed, the IFR noted a slight decline in March. While the slowdown in the industrial sector has a more significant impact on manufacturing, it is important to note that commodities continue to show positive results. Furthermore, the Edenred Ticket Log Price Index (IPTL) indicated a slight decrease in diesel prices at gas stations in March compared to February, a factor that may also have contributed to easing operational costs and affected the values practiced in road transportation, analyzes Vinicios Fernandes, director of Edenred Repom.

In the following months, the evolution of freight prices will be linked to a combination of economic variables. "The reduction in diesel prices at refineries announced by Petrobras and in effect since April 1st may bring more relief to transportation operational costs, while the performance of sectors such as agribusiness and extractive industry is expected to continue impacting the pace of sector hiring and the rates charged per kilometer traveled," concludes Fernandes.

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, the brand of Edenred Brazil's Mobility business line, has been specialized in managing and paying expenses for the freight transportation market for 30 years, leading in the freight payment and toll voucher segment with 8 million transactions annually and over 1 million truck drivers served across Brazil.

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