Not a Good Year for transport business

Because of the social and political crisis, businessmen working in the freight transport sector in Nicaragua estimate that by the end of this year their operations will have been down by up to 25%.

Wednesday, November 21, 2018

According to the Transporters Association of Nicaragua (ATN), the crisis that began in April this year has caused losses in cargo transport activity in the country, and the operations of companies in the sector are estimated to register a 25% reduction in 2018 compared to 2017.

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Regarding the decline in transport activity, ATN President Marvin Altamirano said to that "... After the crisis, some companies began to work with 50% of the staff, some continue, but we are expecting to recover at least 70% or 80% by the end of the year."

Altamirano added that "... With the 2017 forecasts, it is no longer possible to reach 100%."

ATN has more than 5,000 members and at least 60,000 trucks, generating up to 100,000 jobs among drivers, mechanics and administrative staff nationwide.

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