1. Nº 1 1 5 . 2 2 Madrid, 4 de noviembre de 20 2 2 E L INCREMENTO DE PRECIOS EN EL TRANSPORTE POR CARRETERA EUROPEO SE SUAVIZA

3. • Las tarifas medias de los contratos de transporte de mercanc ías por carretera en Europa alcanzaron un máximo histórico en el tercer trimestre de 2022 (129,7 puntos de índice), un aumento de 5,4 puntos intertrimestral y de 19,6 puntos interanuales. En el mercado spot, las tasas alcanzaron los 142,6 puntos, un aument o de 6,0 puntos trimestre contra trimestre y 26,4 puntos en tasa anualizada. • Las tarifas en muchas rutas europeas están comenzando a disminuir después de este pico del tercer trimestre. • Las tarifas al contado están ahora 12,9 puntos por encima del cont rato en Europa. La brecha fue de 12 puntos en el trimestre anterior y de 6,1 puntos en el tercer trimestre de 2021. • Los costos del diésel generalmente representan un tercio de los costos operativos totales del transporte, pero dado el aumento, ahora pued en llegar a representar el 50% de los costos. • Se espera que el impacto de la escasez de conductores continúe aumentando hasta finales de 2022, con un

2. Nº 1 1 5 . 2 2 Madrid, 3 de noviembre de 20 2 2 E L INCREM ENTO DE PRECIOS EN EL TRANSPORTE POR CARRETERA EUROPEO SE SUAVIZA Como miembro de ASTIC qu eremos hacerle llegar la siguiente nota emitida por nuestra organización global IRU sobre la evolución de los precios del transporte en Europa. El informe de referencia de las tarifas de transporte por carretera en Europa, producido por Transport Intelligence, Upply e IRU , analiza en profundidad las tarifas de transporte por carretera en toda Euro pa trimestralmente. Explora los indicadores y las tendencias que impulsan el cambio, desde aumentos de combustible hasta eventos globales, y proporciona una perspectiva del mercado del transporte de mercancías por carretera para respaldar las decisiones de los cargadores, proveedores de transporte y transportistas. Puede usted disponer de él al completo (en inglés) más abajo en este mismo correo electrónico y descargase el informe completo haciendo click aquí . Los precios del diésel, la escasez de conductores y la sequía en Europa han jugado un papel importante para hacer subir de nuevo las tarifas medias de transporte por carretera en Europa e n el tercer trimestre a pesar del menor gasto de los consumidores. Sin embargo, los datos del final del trimestre muestran que los precios se suavizaron hacia el final del tercer trimestre.

4. aumento estimado del 40 % en los puestos de conductores de camiones sin cubrir. European road freight rates soften after hitting another all - time high in Q3 Geneva, Switzerland, 3 November 2022 Diesel prices, driver shortages an d drought in Europe have all played a significant role to push average European road freight rates up again in Q3 despite lower consumer spending. However, data from the end of the quarter shows prices softening towards the end of Q3. • Average European roa d freight contract rates up to an all - time high in Q3 2022 (129.7 index points), up by 5.4 points Q - o - Q and by 19.6 points Y - o - Y. In the spot market, rates hit 142.6 points, an increase of 6.0 points Q - o - Q and 26.4 points Y - o - Y. • Rates on many European lanes are beginning to soften after this Q3 peak. • Spot rates are now 12.9 points above contract in Europe. The gap was 12 points in the previous quarter and 6.1 points in Q3 2021. • Diesel costs usually account for one third of the to tal operating transport costs, but given the increase, they may now account for 50% of costs. • Driver shortage growth is expected to continue to increase until the end of 2022, with a 40% estimated increase in unfilled truck driver positions. The European Road Freight Rates Benchmark Report, produced by Transport Intelligence, Upply and IRU, takes an in depth look at road freight rates across Europe on a quarterly basis. It explores the indicators and trends driving change – from fuel increases to global events – and provides an outlook for the road freight market to support the decisions of shippers, transport providers and hauliers. Report highlights • Market adjusts to higher costs : This quarter’s smaller rate rises in both spot and contract si gnify that the market has adjusted to higher costs whilst

6. • Austrian lanes : Fuel surcharges meant contract rates saw the largest increase on Austrian lanes whilst the spot market was quick to price in the ext ra fuel costs. The average Q - o - Q increase on Austrian import lanes was more than twice the European average in both the spot and contract markets. • Germany - Poland : Spot rates are now 23.2% more expensive than contract from Duisburg to Warsaw, this is one of the largest differences in Europe. Thomas Larrieu, Chief Executive Officer at Upply , comments: "In a context of global inflation, the European climate is marked by weakening demand and consumption. This is slowing down the increase in road freight rates, but it is not reversing the trend. Indeed, road carriers are facing workforce shortages that are affecting the amount of capacity available, as well as an increase in their overall costs. The Upply data show a growing gap between spot and contract prices. More than ever, shippers have an interest in favouring long - term contracts in order to secure their capacity and obtain competitive rates from carriers.” IRU Senior Director of Strategy and Development Vincent Erard adds: “Drivers are a critical factor in keeping essential supply chains moving, something we saw clearly during the pandemic. Now, logistics operators and freight rates in many countries are threatened by another looming crisis: the growing shortage of this invaluable human resource. People are at the heart of this challenge. We must continue pushing efforts and investments boost the attractiveness of the driver profession, especially to young people, and make it easier for people to qualify and join the driver pool.” Ti’s Head of Commercial Deve lopment, Michael Clover , says: “International European Road Freights rose to a new peak in Q3 but, as we look ahead at what will be a difficult winter right across Europe, we can see freight rates begin to soften through September and October as volumes be gin to drop. Looking forward, we expect this softening in rates to continue over the next couple of quarters.” C/ Príncipe de Vergara, 74, 3 planta - 28006 MADRID Tlf.: 91 451 48 01 / 07 – Fax: 91 395 28 23 E - mail: [email protected] Nota: Prohibida la edición, distribución y puesta en red, total o parcial, de esta información si n la autorización de A ST I C

5. higher production costs and lower consumer spending power have started to ease the upward demand - side pressure on rates. • Manufacturing contracts in Germany : Growing energy costs and uncertainties in energy supply are causing difficulties for the German industrial sector. This has pushed Germany’s manufacturing industry into decline with Germany’s manufacturing PMI falling to an average of 48.7 in Q3, a 5.1 - point drop Q - o - Q. This puts Germany’s manufa cturing sector firmly in contraction territory. This is the first clear sign that German industry will begin to demand less and less road freight as its factories demand fewer outputs and produce fewer intermediate and finished goods. • Manufacturing disru ption in the UK : Forward delivery electricity prices in the UK are up over 500% Y - o - Y, with prices increasing 64.2% in August alone. The UK heads into winter in the most uncertain energy supply predicament in Europe. While the effects of this are uncertain , it is possible there will be interruptions to manufacturing in the UK over the winter, reducing road freight volumes. • Driver demand : Among main European countries (France, Spain, Germany, Romania, Poland and Denmark), between January and September 2022, the demand for drivers is continuously increasing (+44%). The shortage is forecasted to be far worse in 2026, with a multiplier effect of up to seven in the case of France. • Early harvests in Spain : Some areas of Spain have experienced their driest summer for over 1,200 years. Where grapes would usually be harvested in mid - September, many growers were forced to begin in August. This caused greater than usual demand for Spanish road freight in Q3 but will also result in less than usual demand in Q4. • River f reight capacity reduced : Drought in Europe meant river freight capacity was reduced across the continent pushing demand onto road freight and adding more upward pressure to rates on some routes. High summer temperatures have also impacted the continent’s a gricultural production, with many sectors expecting to see record - low harvest volumes. • Paris - Madrid route : All prices on the 1,270km journey between Paris and Madrid have reached a new all - time high in Q3 - 22. On the head haul from Madrid to Paris, contract rates are now at an average of EUR 1,570 per journey (EUR 1.24/km), this is up 2.7% Q - o - Q and 21.8% Y - o - Y.