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News Overview
The Market: Facts for Your Business
Germany's Building Energy Act has dominated public discussion for more than six months, the future of petrol-driven engines is the subject of controversial debate, and the country's economic conditions are currently not exactly at their best.
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Industry Report: The Future Is Looking Brighter
According to industry estimates, conditions for vehicle manufacturers have improved since last year. Of course, supply chains are not yet fully back to normal. Waiting times for certain individual parts remain long and bottlenecks can also occasionally arise. Overall, however, vehicle manufacturers and equipment providers have done a good job of adapting to the situation and now say their processes are stable again. The order books are well filled.
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Outlook: Prices and Supply
The Middle East conflict – triggered by the massive Hamas attack on Israel – has so far had little impact on crude oil prices. After a brief rise, other factors prevailed and pushed the Brent crude oil price level back down to well below $80 per barrel at the beginning of December. Even the recent OPEC+ meeting where voluntary output cuts were agreed could not change this.
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Tolls: Double the Cost and Zero Climate Benefit
Life is getting more and more expensive for consumers, inflation in Germany was over six per cent in August 2023, and Robert Habeck, Germany’s Federal Minister for Economic Affairs, is attempting to keep industrial electricity prices at a level that will persuade energy-intensive companies to stay in the country. Yet when it comes to the cost of truck transport, the Federal Government is adding considerably to the financial burden.
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Liquefied Gas – an Alternative with Potential
Liquefied gas transport will be another important topic at the new trade fair Fuel & Gas Logistics as this energy source offers good opportunities for the future, both in the heating market and in mobility applications.
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Shortage of Truck Drivers to Continue
The numbers fluctuate, but whether the shortage is 70,000 or 100,000 drivers, the problem still remains and is unlikely to improve in the coming years.
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