The upcoming peak season at the end of the 3rd and 4th quarters of 2021 will be an understanding of how the European road transport industry will cope with several negative factors.
With new waves of COVID-19 infections hitting Europe, the recovery remains halting. However, vaccinations are progressing and thus Europe’s GDP growth is projected to rebound by 4.5 percent in 2021. Policymakers need to prepare measures to stimulate hiring and investment once the pandemic is under control.