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Economic Crisis * Ireland - IRU addresses EU transport attachés on
The number of bankruptcies in the European road transport sector has doubled in the past year, according to the International Road Transport Union
Dublin,Ireland -HGV -20 May 2009: -- ... IRU General Delegate to the EU, Michael Nielsen, addressed Europe's transport attachés last week and stressed that the time to act to minimise the impact of the economic crisis on the road transport sector is now... Nielsen said that 140,000 jobs have been lost in the EU and the number of newly registered vehicles has fallen by 36 per cent while 72 per cent of companies expect continued reductions in jobs, turnover and profit margins... Participants agreed that the European Commission must act swiftly to mitigate the impacts of the crisis on the EU road transport sector... (Photo from roadtransport: Quinn's cement truck Ireland)
* Romania - There will be many bankruptcies in the road transport business
Bucarest,Romania - RBT -(Originally published) 11 Sept 2007: -- The reputed businessman Dragos Anastasiu, the chairman of the Romanian Private Land Carriers’ Association (Asociatia Carausilor Particulari, in Romanian) is convinced that the lack of the management and technologies is the greatest drawback for the native road transport operators... At the same time, he estimates that, in this activity field there will be many bankruptcies, coupled with market consolidation...
Labels: trucking troubles worldwide
posted by Unknown @ 5:57 PM
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