AN OUTLOOK OF FREIGHT ROAD TRANSPORT IN ROMANIA INDUSTRY

Cristina Gabriela Cosmulese ()
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Cristina Gabriela Cosmulese: Stefan cel Mare University, Suceava, Romania

European Journal of Accounting, Finance & Business, 2023, vol. 11, issue 1, 101-108

Abstract: The road transport sector is dominated by SMEs. While some companies are definitely leading the way in terms of circularity, many others are still classic SMEs with linear business strategies. Traditional SMEs have new opportunities and challenges as they embrace the green shift. They require information, direction, and technical assistance to get started on the path to sustainability. Shippers have faced uncertainty in transferring goods as a result of the health crisis's limitations and bottlenecks. The supply-demand imbalance, as well as a shortage of long-distance and last-mile fulfillment service capacity, have disrupted logistics networks, impeding the expansion of the freight transport business. Because of the polluting character of this industry, this study focuses on sustainability in Romanian road transport SMEs. This study will look into which tactics are effective in assisting SMEs to become more sustainable. According to the research, the reason for corporations to engage in corporate sustainability may be competitiveness, legitimacy, and environmental responsibility.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:scm:ejafbu:v:11:y:2023:i:1:p:101-108

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