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Europe Trucking Chief Dismisses Driver Shortage Threat, Citing Efficiency Potential

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Europe’s logistics sector is grappling with a severe driver deficit and rising fuel costs, yet a top executive maintains the market can absorb the strain without disruption. Transport Exchange Group CEO Lyall Cresswell told “The Big Question” program on June 1, 2026, that “there’s a lot more efficiency [to] eke out of the market,” despite widespread warnings of capacity crunch. The continent’s road freight industry, which moves over €300 billion in goods annually, has long cautioned about an aging workforce and declining recruitment. Cresswell’s confidence rests on digital freight platforms and load-optimization technology, which his firm operates to connect hauliers and reduce empty-running trucks. Fuel costs have surged 12% year-to-date as of June 1, squeezing margins, but the Transport Exchange Group argues that better matching of cargo with available vehicles can offset the driver shortfall without adding headcount.

EditorWong Mei Ling