Automotive logistics providers are bracing themselves for a dip in volumes, as the downturn in vehicle manufacturing gathers momentum.
Volkswagen, for example, is looking to significantly reduce its output, with labour unions fearing an unprecedented closure of plants in Germany and downsizing elsewhere, resulting in the laying-off tens of thousands of staff to slash costs.
Like its rivals, VW is suffering overcapacity in a sharply declining market, and is also having to …
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