Monday, 22 FEBRUARY 2010 - CATEGORY : MARKET NEWS

It is common for the directorate generals (DG) of the European Commission to undergo modifications following the installation of a new executive team.

Under the current Barroso II regime, the former DG Transport & Energy (known as DG TREN) has been split into two, with Transport becoming an autonomous unit with the full name of Directorate General for Mobility and Transport, or DG MOVE for short.

It is also worth nothing that the Galileo project no longer comes under the remit of the Transport Commission. It is now run by the DG Industry, under the leadership of Antonio Tajani (the former Transport Commissioner).


 
TAGS : Transport, &, Energy
Tuesday, 16 FEBRUARY 2010 - CATEGORY : MARKET NEWS

According to the Madrid-based business analysis firm DBK, Spanish road transport has shed a quarter of its turnover in two years.

In 2008, Spanish drivers already had to contend with market shrinkage to the tune of 5.8%, reducing revenue from the sector to 18 billion euros.
Last year, the fall was much greater still – 20% according to DBK, cutting the country's road transport turnover to 14.5 billion euros.