'Clear winners and losers' as global supply chains are rebalanced
Industry’s decoupling from China is set to continue to the end of the decade, according ...
The road haulage sector is still facing rising operational costs, and transport companies have “little choice” but to pass the increase to shippers.
Yesterday’s Transport Intelligence (Ti) road freight survey echoes what has long been reported about the industry.
“Rising overall costs along with the economic downturn are the most significant challenges facing the global road freight forwarding sector,” it says.
A global economic crisis and rising inflation has meant driver wages, tolls, vehicle maintenance costs, insurance and fuel prices have all risen.
And Ti noted: “Considering the very thin ...
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