The Edenred Repom Freight Index (IFR) revealed that the average freight price per kilometer traveled reached R$ 6,33 in July, registering an increase of 0,31% compared to June. This increase reflects the update of the minimum freight rates for road cargo transportation, carried out by the National Land Transport Agency (ANTT) in mid-July. The adjustment in the table did not significantly impact the freight value in July, but a more pronounced influence on prices in August is expected, affirms Vinicios Fernandes, Director of Edenred Repom
In addition to the adjustment in the freight table, the price of diesel also contributed to the increase. Data from the Edenred Ticket Log Price Index (IPTL) indicates that the average price of a liter of regular diesel reached R$ 6,04 and the S-10 diesel at R$ 6,17 in July, both with an increase of 0,33% compared to the first half of the month. Diesel accounts for about 40% of freight costs
Another factor that keeps the upward trend in freight prices is the heating of the construction market. According to the July 2024 report from the economics committee of the Brazilian Chamber of Construction Industry (CBIC) and the National Service for Industrial Training (SENAI), the demand for transportation in the construction segment increased due to the flow of raw materials. Construction costs have remained high since January 2020, showing increases above the official inflation of the country
"Besides the adjustment in the table", the increase in diesel prices and high construction costs keep the upward trend in freight prices, registered since May of this year, and this trend may continue in the coming months, concludes Fernandes
The IFR is an index that measures the average freight price and its composition, based on 8 million annual freight and toll voucher transactions managed by Edenred Repom. The Edenred Repom, a brand of the Mobility business line of Edenred Brazil, is a leader in the freight payment and toll voucher segment, with 30 years of experience and over 1 million truck drivers served throughout Brazil
