Freight transport by road revenue in France 2010-2022
The performance of the French road transport industry is not too different from other major countries such as Italy and Germany, in terms of market growth. In what has become a trend across countries in the EU, the freight transport by road industry is only expected to grow at a modest pace during 2018-2022 from 47 billion U.S. dollars to just 48.4 billion U.S. dollars.
One of the main reasons for such stymied growth is the shortage of truck drivers in the EU and indeed France. In fact, according to a report by the country’s industry association FNTR, there is currently a shortage of 20,000 truckers, despite there being many open job offers. Even though road freight transport was the leading employment provider in the overall transport sector in 2015, with over 332,000 employees, it is no longer an attractive industry for the younger generation, owing to unattractive wages, bad driver image, and high-stress levels.
With most of the countries around the world lobbying strongly for the shift towards electric mobility, one of the trends catching on in a big way in France is the adoption of electric vehicles for freight and passenger transport. What makes it even more exciting is that the electrification of commercial vehicles is still in a nascent stage as compared to the ones used for personal transport, thus providing much scope for growth.
One of the main reasons for such stymied growth is the shortage of truck drivers in the EU and indeed France. In fact, according to a report by the country’s industry association FNTR, there is currently a shortage of 20,000 truckers, despite there being many open job offers. Even though road freight transport was the leading employment provider in the overall transport sector in 2015, with over 332,000 employees, it is no longer an attractive industry for the younger generation, owing to unattractive wages, bad driver image, and high-stress levels.
With most of the countries around the world lobbying strongly for the shift towards electric mobility, one of the trends catching on in a big way in France is the adoption of electric vehicles for freight and passenger transport. What makes it even more exciting is that the electrification of commercial vehicles is still in a nascent stage as compared to the ones used for personal transport, thus providing much scope for growth.
