Trucking is the most popular method of transporting goods accounting for 66.5% of the total freight volume in Russia. Customers use trucking services because trucking is cheaper than air and rail transportation, and because of its flexibility, which enables freight delivery to any location.
At the beginning of 2015, the freight trucking market saw a significant decline in freight volumes, but during the summer of 2015, the situation began to stabilise as prices for trucking services began to increase: by the end of the first half of 2017, prices grew by 15-20% as compared to the prices as at the end of 2014.
Starting from the second half of 2016, the long-haul trucking market has been more stable. In general, large long-haul trucking companies remained competitive during 2015-2016. The segments of the road transportation market include:
- Full Truck Load (FTL) services, where one consignment is carried on a whole truck;
- Less than Truck Load (LTL) services, where consignments from several sources are combined into one vehicle load;
- Groupage, where goods from several shippers are consolidated in a depot where they are sorted by destination and then shipped collectively with other goods with the same destination.
Significant share of all freight in Russia is trucked within the European part of the country. At the same time, there are long haul trucking routes within the Siberian Federal District, as well as within Far Eastern Federal District. As for the international districts, after sharp decline in Russia-EU shipments in 2014-2015, in 2016 the situation stabilised. Also, China has become a favourable destination for the Russian long-haul trucking market due to increasing freight turnover between Russia and China.