{"id":6002,"date":"2024-01-20T16:42:00","date_gmt":"2024-01-20T15:42:00","guid":{"rendered":"https:\/\/pmrsa.pl\/?p=1160"},"modified":"2024-12-13T17:06:50","modified_gmt":"2024-12-13T17:06:50","slug":"whats-next-for-the-transport-industry-will-2024-be-the-end-of-the-crisis-in-the-industry","status":"publish","type":"post","link":"https:\/\/pmrsa.pl\/en\/whats-next-for-the-transport-industry-will-2024-be-the-end-of-the-crisis-in-the-industry\/","title":{"rendered":"What's next for the transport industry? Is 2024 the end of the industry crisis?"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><strong>2023 was a year of crisis for the transport industry.<\/strong> The economic cooling has caused companies to make losses \u2757a number of companies have had to resort to restructuring proceedings to stay afloat<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2024 shows many changes<\/strong> both legal and financial for the transport industry. How will they cope. With these changes <a href=\"https:\/\/pmrsa.pl\/en\/the-effects-of-coronavirus-will-be-felt-not-only-by-small-companies-but-also-by-sellers-of-durable-goods-at-risk\/\" data-wpil-monitor-id=\"2008\">small companies<\/a>, of which there are many in the industry<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">R<strong>ok 2023 turned out to be for many <a href=\"https:\/\/pmrsa.pl\/en\/restructuring-of-a-transport-company\/\" data-wpil-monitor-id=\"1221\">transport companies<\/a> a difficult year,<\/strong> a year \"under the barrel\" and, for many, even bankruptcy. <a href=\"https:\/\/www.trade.gov.pl\/aktualnosci\/jaki-bedzie-rok-2024-w-branzy-transportu-spedycji-i-logistyki\/\" target=\"_blank\" rel=\"noopener\">According to the Central Economic Information Centre,<\/a> in the first half of 2023 <a href=\"https:\/\/pmrsa.pl\/en\/consumer-bankruptcy-also-for-business-owners\/\">208 companies declared bankruptcy<\/a>, including seven from the road freight transport sector \u2013 the same number as in the whole of 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/managerplus.pl\/ponad-4700-firm-upadlo-w-2023-roku-to-co-pandemia-rozpoczela-inflacja-dokonczyla-54347\" target=\"_blank\" rel=\"noopener\">Statistics show,<\/a> That the scale of bankruptcy and restructuring in 2023 was enormous.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Is 2024 the end of this trend?<\/strong> In our opinion, unfortunately not. <a href=\"https:\/\/pmrsa.pl\/en\/the-transport-industry-is-facing-a-crisis-delays-in-funding-from-the-kpo-are-another-threat\/\" data-wpil-monitor-id=\"304\">Transport industry<\/a> is still trapped and awaits help. Restructuring proceedings are a response to the expectations of entrepreneurs, but not always and not for everyone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>In order to obtain the desired effect, you need to prepare yourself accordingly. <a href=\"https:\/\/pmrsa.pl\/en\/the-restructuring-architecture-must-be-tailored-to-the-2\/\" data-wpil-monitor-id=\"644\">restructuring. Architecture development<\/a> actions are the beginning of the path for us - the path to success.<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>The troubles in the transport industry are due to various factors:<\/strong><\/h4>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Increase in fuel costs:<\/strong> Fluctuations <a href=\"https:\/\/pmrsa.pl\/en\/65-percent-of-companies-increased-prices-due-to-rising-energy-costs\/\" data-wpil-monitor-id=\"489\">fuel prices significantly affect the operating costs of companies<\/a> transport.<br><\/li>\n\n\n\n<li><strong>Environmental pollution:<\/strong> Increasing environmental requirements lead to the need to invest in greener technologies, which generates additional costs.<br><\/li>\n\n\n\n<li><strong>Infrastructure:<\/strong> The condition of infrastructure, including roads and bridges, affects the efficiency and operating costs of transport<br><\/li>\n\n\n\n<li><strong>Technological changes:<\/strong> The introduction of new technologies, such as autonomous or electric vehicles, requires significant investment and adaptation.<br><\/li>\n\n\n\n<li><strong>Regulation:<\/strong> Strict regulations on safety, driver working hours or emission standards can impose additional burdens on the industry.<br><\/li>\n\n\n\n<li><strong>Competition:<\/strong> High competition in <a href=\"https:\/\/pmrsa.pl\/en\/crisis-in-the-transport-industry\/\" data-wpil-monitor-id=\"283\">transport industry<\/a> leads to lower prices for services, which makes it difficult to maintain profitability.<br><\/li>\n\n\n\n<li><strong>Safety issues:<\/strong> Road accidents and vehicle safety issues generate insurance costs.<br><\/li>\n\n\n\n<li><strong>Economic cycles:<\/strong> Changes in the economy, such as recessions, affect the demand for transport services.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The diversity of these factors makes <a href=\"https:\/\/pmrsa.pl\/en\/the-wedding-industry-is-facing-a-difficult-period-the-fashion-for-budget-weddings-has-come\/\" data-wpil-monitor-id=\"309\">the transport industry is in a difficult situation<\/a> situation and must respond flexibly to changing conditions, which is a challenge for many companies.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Some transport companies, due to low profitability, loss of liquidity, financial problems, did not make it.<\/strong> Wanting to protect <a href=\"https:\/\/pmrsa.pl\/en\/restructuring-more-and-more-companies-decide-to-implement-restructuring-procedures\/\">Many companies are facing bankruptcy<\/a> took advantage of simplified restructuring, i.e. the procedure for approval of the arrangement. Thanks to this, it was possible to work out arrangement proposals that were satisfactory for the parties.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Simplified restructuring, i.e. the process of making changes in the organization <a href=\"https:\/\/pmrsa.pl\/en\/the-worlds-largest-chemical-company-lowers-its-annual-targets\/\" data-wpil-monitor-id=\"305\">companies in order to<\/a> improving its financial condition is helpful for transport companies, especially in a situation where we expect:<\/em><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Protection from creditors: <\/strong>Simplified restructuring provides protection from aggressive creditors, allowing the transport company to negotiate a settlement <a href=\"https:\/\/pmrsa.pl\/en\/step-7-creation-of-a-layout-proposal\/\" data-wpil-monitor-id=\"39\">arrangement proposals<\/a> in order to conclude an arrangement. This process aims to sort out the company&#039;s debts and return it to normal competition on the market.<br><\/li>\n\n\n\n<li><strong>Restoration of liquidity:<\/strong> Through restructuring, changes can be made to increase the company's liquidity, which will improve the ability to settle liabilities.<br><\/li>\n\n\n\n<li><strong>Negotiation of repayment terms:<\/strong> As part of the simplified <a href=\"https:\/\/pmrsa.pl\/en\/restructuring-for-farmers-problems-what-should-be-the-proposed-solutions\/\" data-wpil-monitor-id=\"254\">restructuring, the company will develop proposals through a restructuring advisor<\/a> arrangement, which will be beneficial for the company and satisfactory for creditors. The new terms of repayment of liabilities will allow for a return to normality and protect mutual business relations.<br><\/li>\n\n\n\n<li><strong>Adjusting the cost structure:<\/strong> Restructuring allows for a review and adjustment of the cost structure, which will affect efficiency in resource management.<br><\/li>\n\n\n\n<li><strong>Maintaining current operations: <\/strong>This process will help maintain current operations <a href=\"https:\/\/pmrsa.pl\/en\/more-and-more-bankruptcies-of-transport-companies\/\" data-wpil-monitor-id=\"1346\">transport company<\/a>, minimizing service disruptions.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>However, it is worth noting that <a href=\"https:\/\/pmrsa.pl\/en\/a-simplified-restructuring-path-will-allow-survival\/\" data-wpil-monitor-id=\"646\">simplified restructuring<\/a> it&#039;s a complicated process,<\/strong> which requires professional help from an experienced restructuring advisor. In addition, the effectiveness of restructuring also depends on choosing the right <a href=\"https:\/\/pmrsa.pl\/en\/the-restructuring-architecture-must-be-tailored\/\" data-wpil-monitor-id=\"812\">architecture<\/a> restructuring and communication and cooperation with stakeholders, including creditors.<\/p>","protected":false},"excerpt":{"rendered":"<p>Rok 2023 to dla bran\u017cy transportowej by\u0142 rok kryzysu. Och\u0142odzenie gospodarcze sprawi\u0142o, \u017ce firmy przynosi\u0142y straty \u2757a cz\u0119\u015b\u0107 firm musia\u0142a [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[19],"tags":[],"ppma_author":[31],"class_list":["post-6002","post","type-post","status-publish","format-standard","hentry","category-blog"],"authors":[{"term_id":31,"user_id":13,"is_guest":0,"slug":"m-anisimowiczpmr-restructuring-pl","display_name":"Ma\u0142gorzata Anisimowicz","avatar_url":{"url":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/malgorzata-anisimowicz1-1.jpg","url2x":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/malgorzata-anisimowicz1-1.jpg"},"author_category":"","first_name":"Ma\u0142gorzata","last_name":"Anisimowicz","user_url":"","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/6002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/comments?post=6002"}],"version-history":[{"count":0,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/6002\/revisions"}],"wp:attachment":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/media?parent=6002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/categories?post=6002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/tags?post=6002"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/ppma_author?post=6002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}