Various EU countries are now feeling the effects of the global economic shutdown. The number of freight offers that were made on the market through TIMOCOM are 20% lower than they once were. The US government's protectionist policies appear to be hampering global trade and this is reducing the amount of goods that are exported. Exported countries include Germany, France and more. They are suffering the worst effects right now.
In total, the smart app enables companies to place and even manage their transport offers on the exchange. The number of offers that were made last year totalled 27,565,605. Right now, it's only at 21,817,810. Moog has stated that the decline is in the second quarter and that the number of offers that are being made is affecting driver recruitment Ireland. On top of that, it is also having an impact on the industry as a whole.
If you work in driving jobs Ireland or even as a driving agency Ireland, then you should also take note that the idea of Brexit is taking its toll too. Transport to Britain increased in the first quarter and companies are also working hard to increase their stock too. They are now seeing a downturn in the market. Despite the export developments, it is clear that Greece, Portugal and even Spain are now moving more goods to other EU countries in this quarter.
The transport barometer is an instrument that is used by IT companies to try and analyse every quarter. They are also trying to analyse trends and even the supply and demand sector of the transportation industry. Their data is vital to understand the current state of the industry and now it operates in general, so it is important that you take all of this into account when digesting their data.
