Diary
AMMAN (Petra) - The Amman Chamber of Commerce (ACC) has recently signed an agreement with the Euro-Mediterranean Association for Cooperation and Development (EMA) to strengthen cooperation in the fields of trade and investment between Jordan and Germany. Signed by ACC Chairman Riad Saifi and EMA’s President Horst Siedentopf on the sidelines of the Hamburg Logistics Forum, the agreement seeks to enhance business cooperation through exchanging ex....
The General Assembly held the Annual General meeting for the Arab Orphan Committee by the president of the Executive Committee Tayseer Kna'an. The partcipants discussed the activities of the Assembly in Jordan and Palestine and the most important development projects
The Committee of Training Courses and Continuing Education at Bar Association held a seminar about the environmental legislation between the legal concepts and practical application, it was attended by a large number of lawyers and those who are interested in the environmental field.
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Truck owners dismiss report findings on fleet
AMMAN — Mohammad Ghazal - The Jordan Truck Owners Association (JTOA) on Thursday dismissed the findings of a report indicating that the Kingdom’s truck fleet is old.
Asserting that trucks in the country are among the “best and most competitive” in the region, the association said the majority of the cargo trucks in the Kingdom are new and manufactured between 2002 and 2010.
The Third Competitiveness Report on the transport sector, which was launched earlier this week, noted that one of the points of weakness that affects the sector’s competitiveness is that trucks in the Kingdom are old.
“The report is not accurate. There is stiff competition in the region in the trucking sector. But the Jordanian fleet is well-known for being efficient, modern and competitive,” JTOA President Mohammad Dawood told The Jordan Times on Thursday, noting that there are about 15,600 large trucks in Jordan.
“Our truck fleet is better than that in the Gulf states. The problem is not that the trucks are old, but that the number of trucks is more than what is needed in the market,” he said, noting that about 4,000 trucks are considered surplus.
“Because the number of trucks exceeds the demand, business in the sector is affected as well as the income of truck owners and drivers,” Dawood added.
The report, which showed that there are about 64,754 small trucks and about 17,239 large trucks in the country, noted that the industry is affected by the unrest in the Middle East.
Dawood agreed that the situation in the region is negatively affecting the sector, but said the situation is improving slightly.
“The instability in the Middle East is harming the industry. But trucks still transport goods to Syria, Iraq, Libya,” he said.