TT Club has identified drought as a business continuity risk for freight moving on inland waterways, according to reporting by Insurance Business. The insurer's warning comes as low water levels disrupt shipping on two of Europe's main rivers, with Insurance Business reporting that the Rhine and Danube are affected.
The same outlet reports that river cruise clients may need a coverage conversation before they book, suggesting the dry conditions carry implications beyond cargo movement. Insurance Business published its report on the TT Club position on 10 September 2026.
The disruption has coincided with a modest shift in road haulage. According to IndexBox, citing Germany's BALM and Destatis, the country's truck toll mileage index for August 2026 rose 0.6% from July and 2.0% year on year. Separately, marketscreener.com reported that truck traffic on German highways has barely benefited from the low water on the Rhine, indicating that road transport has not absorbed a large volume of diverted freight.
Taken together, the reports point to pressure on supply chains and on growth prospects in Europe, as described in coverage of the river situation. For insurers and freight operators, the focus is on how prolonged dry spells affect the reliability of routes that normally carry bulk and project cargo at lower cost than road or rail.
What to watch next: whether water levels on the Rhine and Danube recover enough to restore normal barge loadings, and whether insurers adjust cover terms for inland waterway and river cruise clients.
