CURRENT CHALLENGES OF TRANSPORTATION AND LOGISTICS NETWORKS IN EUROPE

Z. Yu. Titova ()

International Trade and Trade Policy, issue 4

Abstract: In this article the author analyzes the major trends that create international trade, logistics activities of organizations and multimodal transport in the European Region. The author reveals the impact of the European strategy for the unification of the transport market, which is trying to cope with the increased level of congestion of the transport infrastructure, as well as with the growth of the prices and constantly changed demand of the transport services in the combination with the constant growth of fuel prices. The argumentation of the article pursued the main challenge of the transport sector, namely time factor and responsiveness to changes in demand. The author forms and justifies the opinion and recommendations that the challenges of the demand in the framework of international logistics and transportation networks can be implemented with the help of achieving a high level of transparency in the supply chain, using a new IT technologies by improving cooperative process of the partners.

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