Transport prices currently stand at an all-time high, having increased by 10.4 per cent in the second quarter of the year, compared to the corresponding figure for Q1. 

This is according to the findings of the 24th edition of the Transport Market Monitor by Capgemini Consulting and Transporeon, which assesses the market dynamics in transport and haulage throughout Europe. 

However, declines were reported in the diesel and capacity indexes, with diesel decreasing by 5.3 per cent on the quarter and 10.6 per cent year-on-year. 

Capacity dropped by 34.8 per cent, which is the lowest level the measure has stood at since the second quarter of 2011, and the second lowest since records began in 2008. 

Supply chain director at Capgemini Erik van Dort said: "The second quarter of 2015 shows the highest price for transport since we started our measurements in 2008. When additionally considering the still very low diesel price index this is even more remarkable."