Commercial road transport, both passenger and goods, has been severely impacted by COVID-19 due to transport restrictions put in place to mitigate the pandemic and the overall economic downturn.
More than 3.5 million road transport operators, represented by IRU and its members on five continents, are bearing an increasingly severe financial burden, with worrying signs for the future of these firms and the economies they serve.
This report updates IRU’s June report on the impact of COVID-19, with revenue forecasts, default and insolvency indicators, and government financial support assessments.
Commercial road transport, both passenger and goods, has been severely impacted by COVID-19 due to transport restrictions put in place to mitigate the pandemic and the overall economic downturn.
More than 3.5 million road transport operators, represented by IRU and its members on five continents, are bearing an increasingly severe financial burden, with worrying signs for the future of these firms and the economies they serve.
This report updates IRU’s June report on the impact of COVID-19, with revenue forecasts, default and insolvency indicators, and government financial support assessments.
Published on:
Author: IRU
Type of document: Reports & publications
Region: Global
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