Fuels, the dollar, and interest rates drove a sharp rise in logistics costs.

The cost of moving a truck in the country rose 4.03% in July, reaching the highest increase of 2025 and the last twelve months, according to the Transportation Cost Index (ICT) prepared by the Argentine Federation of Freight Transportation Business Entities (FADEEAC).

The increase in land logistics for the seventh month reflected an acceleration compared to June, when the rise was 2.56%, and May, with 0.8%. So far in 2025, the ICT has accumulated an 18.6% increase, with a year-on-year variation of 32.6%, well below the 84.9% recorded at the end of 2024 and the 248% in 2023, the highest in three decades.

FADEEAC attributed the July jump to the combination of increases in key sectors, the impact of interest rates , and the sharp decline in the dollar —both official and parallel—in the last week of the month.

The report, which analyzes 11 categories that directly affect freight transport companies, indicated that the largest increase was recorded in Financial Cost, at 8.82%, linked to the tightening of credit and macroeconomic instability. Rolling Stock followed, with a 6.22% increase, the largest annual increase in that category.

In fuels, the sector's main input, two adjustments were applied, resulting in a monthly increase of 4.51%. Added to June, diesel has accumulated an 8.3% increase in two months. Despite this, the deferral of the adjustment of specific taxes established by decrees 441/25 and 522/25 remains in effect and will be extended until August.

The Personnel-Driving category rose 4.18% due to the payment of the second installment of the collective bargaining agreement in force between June and August, which also drove increases in Repairs (5.54%) and General Expenses (2.52%).

Tolls saw a minimal adjustment of 0.19%, while Tires, Insurance, Lubricants, and License Plates remained unchanged during the period.

Given this scenario, FADEEAC warned that cost dynamics continue to be influenced by unstable macroeconomic variables and seasonal factors in the sector, which are putting pressure on the freight transportation price structure throughout the country.