The rapid spread of COVID-19 has led to uncertainty and loss of confidence unseen since 2008. The market volatility has also risen extremely fast to a level unseen over the last decade. Even against this unfavorable environment, there are sectors that have taken a disproportionate hit, including tourism, passenger transportation, airlines, hotels — practically everything that has a built-in key cross-border dimension.
UIC published the eighth report providing a comprehensive overview of the current situation of combined transport in Europe in 2020 in collaboration with the International Union for Road-Rail Combined Transport (UIRR).