Europe’s trucking market is stabilizing after a prolonged downturn, but structural challenges remain. In this episode of the Talking Transports podcast, Girteka CEO Edvardas Liachovicius joins Bloomberg Intelligence’s Lee Klaskow to discuss how overcapacity and weak demand in 2023–24 pressured rates and profitability, with only early signs of balance emerging. Liachovicius highlights a structural driver shortage, worsened by geopolitical events, as a key constraint on growth, alongside fuel volatility and fragmented regulation across 27 countries. He outlines Girteka’s focus on temperature-controlled, high-care cargo and long-haul corridors, while emphasizing that driver availability — not demand — is now the primary limiter of capacity and future expansion. Liachovicius shares his journey from one of Girteka’s first employees to CEO.

 

Europe&rsquo;s trucking market is stabilizing after a prolonged downturn, but structural challenges remain. In this episode of the Talking Transports podcast, Girteka CEO Edvardas Liachovicius joins Bloomberg Intelligence&rsquo;s Lee Klaskow to discuss how overcapacity and weak demand in 2023&ndash;24 pressured rates and profitability, with only early signs of balance emerging. Liachovicius highlights a structural driver shortage, worsened by geopolitical events, as a key constraint on growth, alongside fuel volatility and fragmented regulation across 27 countries. He outlines Girteka&rsquo;s focus on temperature-controlled, high-care cargo and long-haul corridors, while emphasizing that driver availability &mdash; not demand &mdash; is now the primary limiter of capacity and future expansion. Liachovicius shares his journey from one of Girteka&rsquo;s first employees to CEO.
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Talking Transports by Bloomberg Intelligence features forwarding thinking conversations with analysts, executives and entrepreneurs that are shaping the future of the freight transportation industry. The focus will be on trucking, railroads, ocean and air freight markets and everything in between.

Talking Transports by Bloomberg Intelligence features forwarding thinking conversations with analysts, executives and entrepreneurs that are shaping the future of the freight transportation industry. The focus will be on trucking, railroads, ocean and air freight markets and everything in between.

Talking Transports

Girteka on Europe’s Trucking Stabilization

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7887f6dc-c8c0-4c87-9917-b43300d1b2cd/transcript