24 May 2021
IRU Reports Coronavirus Effects on Industry
According to the report published by the IRU, ground transportation services are vital in responding to the crisis, but most companies are struggling to survive. The latest IRU study states that the country’s governments’ support packages for road transport are insufficient.
The industry is at great risk without targeted action plans. Road transport losses in terms of goods and passengers have been calculated to exceed $ 1 trillion annually globally, the very high default and insolvency determined in the industry can endanger many companies in such a situation.