Consumption is decreasing and, as a consequence, so is transport. According to Massimo Savini from RLA, the drop is between 10 and 20% compared to last year, depending on the sector. "Those who worked mostly with the H&R channel are experiencing serious drops, while those who work mainly with big retail chains are doing a bit better."
Covid-19 is "eroding the spending capacity of the middle class even more, though those with a good purchasing power are buying less anyway. The fresh produce segment is also affected by this."
"We are hoping for the Christmas period to bring some respite. There will be more lunches and dinners at home, which should help sales in traditional markets. Purchases should increase slightly, and therefore transport too."
The fact that the price of fuel oil in this period is lower than in the past is evidence of the lower demand on a global level. "But the advantage is minimum. We would have higher margins if transports were livelier, but there is no real benefit the way things are."
"I believe 2021 will be a transitional year, we will have to hold on. The vaccine will not be enough, but the entire economic-entrepreneurial sector will need an injection of money."