European FVL Cost Index

Update of the European Finished Vehicle Logistics (FVL) Cost Index for Q1 and Q2 2025 released.

Developed through a longstanding partnership between ECG – the Association of European Vehicle Logistics – and PwC Austria, the Index provides regular and insightful updates to the FVL Industry.

Brussels, 14 October 2025

The European FVL Cost Index for Q2 2025 stands at 152.8 which indicates an overall cost increase of 52.8 % from January 2019 to June 2025. Compared to the values for Q4 2024, three out of four segments showed an increase in Q1 and Q2 2025. For the four segments the following results were derived:

• Logistics segment road: The FVL Road Cost Index for Europe amounts to 128.8 for Q2 2025 which shows an overall cost increase of 28.8% between January 2019 and June 2025. In For Q4 2024 the index stood at 128.3, hence, the index increased by 0.5 index-points since the last index update. This slight cost increase is mainly based on increasing labour costs as well as toll increases.

• Logistics segment sea: The FVL Sea Cost Index for Europe amounts to 208.8 for Q2 2025 which shows an overall cost increase of 108.8% between January 2019 and June 2025. For Q4 2024 the index stood at 215.9, hence, the index decreased by 7.1 index-points since the last index update. The decrease in the pure car and truck carrier (PCTC) vessel time charter rates and new building costs drive this index development.
• Logistics segment rail: The FVL Rail Cost Index for Europe amounts to 132.7 for Q2 2025 which shows an overall cost increase of 32.7% between January 2019 and June 2025. For Q4 2024 the index stood at 130.6, hence, the index increased by 2.1 index-points since the last index update. This cost increase is mainly driven by further increases in asset costs as well as fee increases and labour increases in some of the European countries.

• Logistics segment compounds: The FVL Compounds Cost Index for Europe amounts to 126.3 for Q2 2025 which shows an overall cost increase of 26.3% between January 2019 and June 2025. For Q4 2024 the index stood at 124.5, hence, the index increased by 8 index-points since the last index update. This development is primarily caused by further increases in labour and asset costs.

The full version of the updated figures for Q1 and Q2 2025 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.

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