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 freight transportation, carried out by the National Land Transport Agency (ANTT) in mid-July. "The adjustment in the table did not significantly impact the freight cost in July, but a more pronounced influence on August prices is expected," says Vinicios Fernandes, Director of Edenred Repom.
In addition to the freight rate adjustment, the diesel price also contributed to the increase. Edenred Ticket Log Price Index (IPTL) data indicates that the average price per liter of regular diesel reached R$ 6.04 and S-10 diesel R$ 6.17 in July, both with a 0.33% increase compared to the first half of the month. Diesel accounts for approximately 40% of the freight cost.
Another factor that maintains 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 the Construction Industry (CBIC) and the National Service for Industrial Training (SENAI), demand for transportation in the construction segment increased due to the outflow of raw materials. Construction costs have remained high since January 2020, showing increases above the country's official inflation.
“In addition to the adjustment in the table, the increase in the price of diesel and the high construction costs maintain the upward trend in freight prices, recorded 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 transactions managed by Edenred Repom. Edenred Repom, a brand of Edenred Brazil's Mobility business line, is a leader in freight payment and toll voucher segments, with 30 years of experience and over 1 million truck drivers served across Brazil.
