European trucking market to take $72 billion COVID-19 hit

July 9, 2020 Jul 09, 2020 1:29PM EDT

[caption caption="The coronavirus hit the trucking business especially hard in Europe during the second quarter as demand vanished and closed borders restricted cargo movements in many countries. Photo credit: Shutterstock.com."][/caption]Revenue from road freight in Europe will fall $72 billion this year, down 17 percent from 2019, on “huge and escalating”...

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