Skills shortages as confidence grows in transport sectors
Despite transport operatives fearing a skills shortage, just six per cent are prioritising investment in their workforce, according to a new survey
The Where Next? survey reveals confidence is growing among the transport sector in line with improving economic sentiment. Three-quarters (75 per cent) of respondents believe current conditions are positive for their business and 47 per cent see new opportunities emerging.
Four out of five (82 per cent) respondents believe passenger numbers and freight volumes will rise and 66 per cent expect fares and freights to increase. Forty percent anticipate that a greater proportion of their funding will be allocated to investment as opposed to operating costs. China is the most popular market for investment in the next two to five years, according to 30 per cent of respondents, followed by Western Europe (27 per cent) and North America (22 per cent).
Please register to comment on this article
Latest news....
09/03/2020 - 11:50
More than 3.6 million additional cars were licensed between 2009 and 2019, enough to cover the entire British coastline.
06/03/2020 - 10:00
A cross-party group of MPs have launched a new parliamentary inquiry into bus services in shire counties and rural areas.
11/02/2020 - 10:00
Boris Johnson confirms HS2 will go ahead, alongside radical improvements to local transport networks across the country.
14/08/2019 - 09:50
The Department for Transport (DfT) has issued new guidance to help prevent terrorists getting access to commercial vehicles to be used in attacks.
13/08/2019 - 09:48
The Transport Committee recommends that government extends the ban on hand-held devices to hands-free phones
