IRU Road Transport indices highlight different recovery paces of 63 countries worldwide.
BRIC (Brazil, Russia, India and China) and TRACECA (Transport Corridor Europe-Caucasus-Asia) road transport operators carried 5.1% and 3.4% more volume respectively than EU transport operators.
GENEVA – The IRU’s Road Transport Indices show that after the double dip recession that hit the EU in 2009 and 2012, economic growth seems to be gradually returning, as evidenced by a slight 0.4% increase in tonnes transported at the end of 2013.
IRU Head of Sustainable Development, Jens Hugel, stresses, “A detailed analysis of the latest economic figures show that there is a general upward trend in Europe. However, Europe remains outpaced by BRIC and TRACECA countries, which show better performances in transport volumes in 2013 and are likely to continue doing so in 2014.”
BRIC (Brazil, Russia, India and China) and TRACECA (Armenia, Azerbaijan, Bulgaria, Georgia, Iran, Kazakhstan, Kyrgyzstan, Moldova, Romania, Tajikistan, Turkey, Ukraine, Uzbekistan) road transport operators carried 5.1% and 3.4% more volume respectively than EU transport operators. These numbers are expected to reach 5% and 3.7% respectively in 2014, while EU transport volumes will increase by only 1.3%.
“BRIC and TRACECA governments perfectly understand that systemic innovation and investment in efficient road transport are instrumental in driving economic growth. They should now build on this success by effectively implementing tried and tested multilateral trade and transport facilitation instruments, such as the UN Harmonization and TIR Conventions, allowing for efficient and secure multimodal international transport,” Mr Hugel concluded.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
