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Published: 11 June 2009      

"Car logistics at risk” – ECG

Much of Europe’s finished vehicle logistics (FVL) industry is at risk of going under, says the Association of European Vehicle Logistics

According to the association (ECG), more than 20,000 jobs have been lost in the FVL sector in the last six months and 58% of European FVL companies forecast heavy 2009 losses. Investments have been cancelled and the resultant reductions in capacity will bring problems in the future.

Since the beginning of the crisis in late 2008, smaller operators have been disappearing by the day and some 20,000 logistics jobs have been lost across Europe.

According to a poll of the 100 largest operators, 58% forecast heavy 2009 losses, 74% have liquidity problems and experience difficulties in financing their activities and 83% have cancelled all existing and future investment plans.

The worrying picture emerged during the 14th General assembly of ECG, held last week in Zurich.

  • Costantino Baldissara has been elected as ECG President for the next two years, succeeding Frits Mehrtens. He will be supported by Vice President Wolfgang Göbel. Baldissara is Commercial and Logistics Director of Grimaldi Group of Naples, Italy, while Göbel is Commercial and logistics Director of Horst Mosolf GmbH and Co KG, Germany.
  • A review of the FVL and automotive components market in Germany, the most important economy in Europe and the world's biggest exporter, is published in the May 2009 edition of WorldCargo News.



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