In 2024, rail and truck freight costs moved upward due to rising operational expenses, strong cargo volumes, and growing pressure on logistics systems. Rail freight in Europe and other regions faced higher track access fees, inflation, and increasing demand for intermodal transport, which led to pricing adjustments by operators. Companies expanded terminal connections and improved last-mile trucking integration to make services more efficient, but higher infrastructure and operating costs pushed rail freight prices slightly higher. In North America, a surge in container volumes at major ports increased rail dwell times and created congestion, which slowed cargo movement and added pressure on freight costs.
Truck freight costs were also influenced by environmental policies and rising transport expenses. New carbon-related truck taxes and sustainability measures aimed to shift more cargo to rail and reduce emissions, which increased operating costs for trucking companies. Global data also showed that transport and trade costs remained high, especially in developing regions where logistics efforts were greater and infrastructure was less efficient.