The number of insolvencies in the transport industry is increasing, experts from the insurance company Euler Hermes warn. The threat to the industry is recognised by the heads of the West Pomeranian Association of Road Hauliers, although they tone down their concern somewhat.
Two major European companies are calling for an average 6 percent increase in freight prices in response to rising fuel costs, traffic jams and payment backlogs and problems with finding people willing to work. For Polish carriers, regulations on EU markets are also a problem.
- informs PMR Restructuring SA.
Representatives transport companies they notice these threats. Dariusz Matusewicz from the board of the West Pomeranian Road Carriers Association reminds that entrepreneurs from his organization provide services mainly in Western Europe and Scandinavia: - Therefore, the increase in operating costs affects them to a much greater extent than carriers from other regions of the country.
According to the ZSPD representative, it is estimated that the current level of profitability transport companies does not exceed 5 percent. Other calculations say that they are at the level of only 2-3 percent, which in such a risky transport industry is "balancing on a very thin line of profitability.
Our interlocutor also reminds us that in Polish companies pressure from some old EU countries related to their fight against so-called social dumping has hit. Currently, a Polish driver's salary must meet the conditions imposed by the relevant regulations, e.g. in France the "Loi Macron" act, in Germany the MiLog. Additionally, these regulations impose certain administrative obligations.
2 October 2018:
" Industry gets breathless
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