As Russian food import ban bites, trucks lose, shipping wins
date:Aug 20, 2014
don't find anything we'll go bankrupt, he said. Biting nails, we could survive two to three months.

For the European transport and logistics sector, which generates 900 billion euros ($1,200 billion) in annual revenue and employs over 7 million people, according to the Alliance for European Logistics, the food import ban hits the business of those companies already grappling with tight margins and overcapacity due to volatile freight costs and ailing European economies.

However, at the same t
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