The Malta Chamber of Commerce has established a task force made of different business sections of the Chamber and other associations forming part of the wider transport and logistic associations in Malta.
In a statement The Malta Chamber said that this task force has been established in view of the difficulties the Maritime and Logistics industry has been facing primarily due to the restriction of port operations to only allow essential services.
The task force members conducted a survey amongst its respective membership base that highlighted the following challenges:
- restrictions from carriers for space availability
- transit limitations
- international haulage delays and driver shortages
- constantly having to find alternative routes and options for the cargo
The largest challenge that will persist over the coming years, is having to balance the loss in revenue with employee retention and the industry remains predominately driven by the competences of the people it employs, stated The Chamber which has also explained that the low labour turnover over the years is a strong indication of the value they place on their people, and layoffs caused by redundancies will be an extremely painful process.
The respondents of the survey indicated that they believe that around 50% of the workforce is at risk of being made redundant because of the crisis unless there is increased support from the Maltese Government.
The task force prepared a document with several recommendations it has presented to the authorities.
If you want to be the first to receive the latest news on the coronavirus in Malta, download the Newsbook APP here.