ECG — 2025-04-07
News from ECG
ECG – the Association of European Vehicle Logistics – and PwC Austria continue partnership to release regular index updates
Brussels, Monday 07 April 2025
The European Finished Vehicle Logistics (FVL) Cost Index for Q4 2024 stands at 154.2 which indicates an overall cost increase of 54.2 % from January 2019 to December 2024. Compared to the latest reported values for Q2 2024, three out of four segments showed an increase in Q3 and Q4 2024. For Q2 2024 the index stood at 160.7, hence, the index decreased by 6.5 index-points since the last index update. This development is greatly driven by the significant decrease of the FVL Sea Cost Index. For the four segments the following results were derived:
The full version of the updated figures for Q3 and Q4 2024 differentiated by segments and countries is available as an appendix to the study released in March 2023 here.
Further updates of the index will be provided bi-annually. Should you have any questions on the FVL Cost Index or would like to be involved in the process of future index updates, please feel free to contact PwC Austria or the ECG secretariat.
Note to editors:
ECG is the established European platform for the outbound automotive logistics sector bringing together logistics service providers, manufacturer logistics managers and suppliers to the sector. ECG aims to facilitate non-commercial collaboration between member companies and assist them in sharing best practices in many operational areas, especially the harmonisation of operational standards.
For more information, please contact:
Frank Schnelle
Executive Director
ECG – The Association of European Vehicle Logistics
+32 2 706 82 80
info@ecgassociation.eu
www.ecgassociation.eu
About ECG
ECG, the Association of European Vehicle Logistics, has been the voice of the Finished Vehicle Logistics industry in Europe since 1997. ECG represents the interests of more than 200 member companies and partners, from family-owned SMEs to multi-nationals, and is the major champion of the European vehicle logistics sector.
ECG represents all transport models at EU level- road, rail, maritime and fluvial. ECG members provide transport, distribution, storage, preparation, and post-production services to manufacturers, importers, car rental companies, and vehicle leasing operators in the 27 Member States of the European Union as well as Norway, Switzerland, Turkey, the United Kingdom, and beyond. They own or operate more than 470 car-carrying ships, 14,000 purpose-built railway wagons, 23 river barges, and 26,000 road transporters. As a major employer, the finished vehicle logistics sector plays an important role in contributing to the economic success of the European Union. Today, ECG members have an aggregate turnover of €21.3bn and their economic impact on companies associated with the sector is estimated at €56bn. More than 210,000 Europeans are employed directly by our members.
About PwC
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 152 countries with nearly 328,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com