'Cargo collision' expected as transpacific capacity tightens and rates rise
Transpacific shippers keen to take advantage of the 90-day tariff time-out are likely to be ...
© Alexey Novikov
European road freight capacity appears to be on the rise, but this is mainly due to weak economies than any turnaround in the truck driver shortage crisis.
Several surveys point to more available space on the continent’s roads, with Davies Turner chairman Philip Stephenson suggesting things are “slowing down”.
“One year ago, European haulage capacity was very tight, now there’s the capacity to handle demand, despite the driver shortage,” he said.
“We have also noted that haulage prices in the first quarter of 2019 ...
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