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Feb 27, 2009

Haulage Industry in Trouble * Latvia - Hauliers claim

Latvian hauliers are calling on the Government to provide the aid for the industry

Riga,Latvia -HGV Ireland -25 Feb 2009: -- In a letter to Prime Minister Ivars Godmanis last week, hauliers drew attention to the fact that international freight haulage sector, represented by over 3,000 companies, which operate nearly 12,000 trucks and employ around 20,000 workers, is facing difficult times... The global economic crisis has had an impact also on foreign markets, the demand for the trucking companies' services are decreasing and so are these companies' incomes, the hauliers claim. Road hauliers are struggling to settle their payments with banks, leasing companies, fuel and services providers and many are close to going bankrupt... According to the truckers, the freight turnover volume in January decreased at least by 50%. Freight carriers are forced to limit their activities, to make drivers redundant or to ask them to take unpaid vacations for indeterminate period of time, the hauliers claim...

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