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TRANSPORT PROGNOSIS * Europe
* OECD countries on the brink of double dip recession
London,EN,UK -HGV UK -January 5, 2012: -- Economic development and transport performance in OECD and EU countries will slow down and stagnate in 2012, following feeble economic growth last year, the International Road Transport Union (IRU) has predicted... The IRU Road Transport Indices, which allow the comparison of GDP growth, road freight transport volumes and new vehicle registrations in 58 countries, forecast that the OECD and EU countries will be confronted with a considerable slow down of economic growth and transport activities after a year of feeble economic growth... IRU Head of Sustainable Development, Jens Hügel highlighted that “when comparing the 2010 and 2011 figures, BRIC countries have outperformed OECD countries in terms of growth in tonnes transported and will continue doing so in 2012. In fact, transport operators from BRIC countries transported 7.7% more goods in 2011, whereas transport operators in the OECD and EU transported only 1.7% and 1.6% respectively more transport volume” ... In order to avoid a new recession and restore sustainable economic growth in 2012, governments should recognise, as do BRIC countries, that road transport is a non-subsidised production tool, which interconnects all businesses in all regions, to all world markets with its high quality and unique door-to-door services, and should thus be promoted and further facilitated...
Labels: trucking markets prognosis
posted by Unknown @ 3:30 PM
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