Reefer Trucking Costs from Egypt to Saudi Arabia Dropped 12% MoM in Mar-24 Despite Geopolitical Tensions

Despite the ongoing tensions in the Red Sea, there has been a 12% month-on-month (MoM) decrease in transportation costs in Mar-24 for reefer trucking (inland) from Egypt to Saudi Arabia. The prices have fallen from USD 4,577 to USD 4,000 per 53-foot reefer truck, aiming to support and boost the demand for trucking services.