Transport industry: opportunities and problems in constant friction
The transport and logistics industry faces enormous challenges in Central, Eastern and Southeast Europe. However, since transportation is of a central importance for international relations, demand for the transport of goods and people continues to grow, and it is the task of public administration to establish the legal and economic framework for the provision of public transport services and for engagement in transport-related business activities.
From the company perspective, entities must be able to withstand increasing competitive pressure. Rising energy and freight prices, and thus, narrowing margins are current issues faced by businesses in the industry. Moreover, divergent and often confusing regulations regarding taxes, customs duties, and also different technical requirements in each state make operations complicated.