Business
Transporeon's Latest Report Reveals Shipper and Carrier Perspectives on the Decarbonization of Road Freight in 2024
ULM, Germany, April 29, 2024 /PRNewswire/ -- Transporeon, a Trimble Company, has released "The 2024 Green Freight Report: Is Transportation on Track?" The
About this update from Trimble Inc.
[{"type":"text","content":"ULM, Germany, April 29, 2024 /PRNewswire/ -- Transporeon, a Trimble Company, has released \"The 2024 Green Freight Report: Is Transportation on Track?\" The report covers the road freight sector's decarbonization efforts and priorities as an information source for scenario planning, decarbonization strategies, target setting and action planning.\n\n \n \n \n \n \n \n\n \nWhen it comes to decarbonization strategy for the transport sector, modal shift (21.8%) was the top choice to drive freight decarbonization in 2023, according to the report. Among other top shippers' choices to drive freight decarbonization were load and routing optimization (18.2%), as well as carrier optimization (13.8%).\nClearly, shippers are looking for more multimodal solutions, more carbon-efficient operations, and even more carbon-efficient carriers, but optimizing routes and carriers requires primary data provided by carriers.\nSustainability Equals Business OpportunitiesThe data reveals that a quarter of the responding carriers and more than half of the shippers consider road freight decarbonization to be a significant business opportunity. Although 24% of carriers cite environmental sustainability as a significant or very significant business opportunity, this number is down from 27% in 2022, which can be attributed to future uncertainty as well as instability of the current economic climate.\nOther findings on key drivers of freight decarbonization include:\nRegulation continues to be seen, particularly by carriers, to be the leading driver of decarbonization followed by different forms of monetary incentives.Specifically, as a motivator for decarbonization, carriers would appreciate customers that are paying premiums or are offering longer contracts, but also governmental subsidies and tax incentives.Quick wins like fuel reduction measures/technologies and transportation management platforms that support CO2 measurement and reduction have immediate positive impacts on operating costs, while regulation and changing customer behavior usually require longer lead times.However, many respondents lack a coherent decarbonization strategy – and are not accurately measuring emissions.\n59% of the responding carriers reported being able to calculate their transport related CO2 emissions, compared to 55% in 2022. Over half of the responding carriers reported u...