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TRUCKING MARKETS * Romania - Top ten largest local trucking companies comfortable with foreign competition
Romania’s joining the European Union and massive foreign investments over the past 10 years prompted a boom in local transportation fleets
Bucharest,Romania -Financiarul -1 Sept 2008: -- Together, the top 10 local trucking companies hold a combined 7,000 trucks and can comfortably cope with competition from international giants, counting on the trump of smaller wages and high labor availability; on the other hand, they are also faced with workforce migration abroad, writes daily Ziarul Financiar in its Aug. 21 issue. According to the paper, truck traffic is the best barometer for economic development... According to Ion Lixandru, vice-president of the National Road Haulers Union (UNTRR), large companies on the market will further grow because high freight amounts will allow them to save on procurement, and adjoined services will bring them new clients, whereas small companies will enter associations. Thus, pressure from more expensive fuels and competition from foreign haulage companies could sieve the players on this segment...
Labels: trucking markets
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