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04 April 2020 The on-line newspaper devoted to the world of transports 00:45 GMT+2

March 26, 2020

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Transportation, at least half of the hauliers is likely to close due to unpaid debts and coronavirus

Longo: thousands of requests for further deferral of payment times

At least half of Italian trucking companies is likely to close very quickly due to the credits Unresolved. This was underlined by the Secretary-General of Maurizio Longo, specifying that they amount to 1.5 billions of euros in outstanding loans and highlighting that, with coronavirus emergency, counterparts postpone further time the balance of invoices that should have been covered well before the explosion of the Covid-19 pandemic.

"The current operational difficulties transport companies - explained Longo - are nothing in compared to the financial tsunami that is about to break down on the sector brought to its knees, as repeatedly denounced, the absence of deferred payment rules road transport performance and therefore the total absence of certainties about the payment of accrued credits. While in France clients who do not pay, or pay late, the fees transporters - Longo complained - are subject to rules too often transport is ordered in Italy and then, with the excuse of the DURC, of the agreed and, today, of the coronavirus, it is not they pay the bills or they delay the balance and for the company transport means only one meaning: failure."

"In the last 20 days," the Secretary of State General Transportation - our companies have received thousands of communications containing the request for additional deferral of payment times, even invoices already expired before the emergency. This financial blackout complications caused by administrative offices that are do not operate, production activities closed or closed, jammed or stumped regulatory provisions, from labour costs flow into total or partial unproductivity, and the absolute unpredictability of the future."

The trade union association has made it clear that, with the exception of about 2% of haulage companies today heavily engaged short-range distribution of food and pharmaceuticals, remaining part of the industry will not be able to withstand the exorbitant lack of liquidity, and it will certainly not be the measures to date identified to prevent the EUR 1.5 billion estimated, sinks at least half of the current generation of businesses.

"If the country wants to avoid collapse, and this time it will not It is a question of scaremongering, Longo concluded, that it is not only necessary economic instruments to buffer the emergency, but also and above all clear regulatory measures to protect the market and to transport market.'

PSA Genova Pra'

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