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COVID-19 impact on the European road freight market by scenario 2020

The road freight market plays a vital role for transporting essential products such as pharmaceuticals and medical equipment during the ongoing coronavirus outbreak. The European road freight market is expected to contract by 17 percent in 2020 compared with the previous year, in a severe impact scenario.

Year-on-year change of the European road freight market due to the coronavirus outbreak in 2020, by scenario*

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Sources

Release date

April 2020

Region

Europe

Survey time period

2019 and 2020

Supplementary notes

* The actual impact assumes the following: a suppression of the pandemic in the next four to six months; manageable supply and production shocks and temporary daily life restrictions.
The severe impact assumes: an extended epidemic throughout this year and next year and a significant drop in demand and supply that will lead to a financial crisis in the second half year of 2020.

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Statistics on "Coronavirus: impact on the transportation and logistics industry worldwide"

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