Choose language Dutch English Français Deutsch CONTACT LEFT JOBS SITEMAP LOG IN TO THE WEB PORTAL Home Vision / Mission Services Material News Logistics Contact Home ›Road hauliers demand 'acceptable' payment terms› ROAD HAULIERS DEMAND 'ACCEPTABLE' PAYMENT TERMS 22 March 2013 Press - The ITLB business survey for the fourth quarter of 2012 shows that in practice payment terms in the transport sector are on average 53 days. "Far too long," says Febetra. This survey also indicates that one transport company in five is facing liquidity problems, mainly caused by late payments from clients. "These liquidity problems also lead to an increase in bankruptcies. Compared to 2008, the number of bankruptcies in our sector has increased by more than 40%", says Isabelle De Maegt, spokeswoman for Febetra. On February 16, 2011, a directive was published to combat payment arrears in commercial transactions. It limits payment terms to 30 days and allows companies to claim interest and recovery costs when that term expires. This directive had to be transposed into national law by the Member States by 16 March 2013. Ten member states, including the Netherlands, have now done so. Four others, including Luxembourg and France, are finalizing the proceedings. "Our country has not yet done its homework, however," says De Maegt. "Our professional organization regrets that Belgium is again showing itself to be a poor student in the classroom, while this is a measure whose budgetary impact for the government is nil." Febetra therefore urges that the standard payment term be set at 30 days and that it is prohibited to lay down contractual payment terms that exceed 60 days. In its view, contractual clauses excluding the payment of legal interest for late payment or compensation for recovery costs should also be prohibited. “Finally, we ask that professional organizations should be allowed to go to court to sue on behalf of the companies / members they represent, for abuses and to deal with willful defaulters,” said De Maegt. source: De Lloyd Back to news VACANCIES We are looking for enthusiastic employees to join our team: Dispatcher (National or International) Inside sales Auxiliary forwarder Forwarder Driver CE + ADR Packages Or feel free to contact us for a spontaneous application. NEWSLETTER E-mail: © 2010 CG Transportgroup Bijkhoevelaan 18 B-2110 Wijnegem T +32 (0) 3 / 326.20.00 F +32 (0) 3 / 326.25.68 info.belgium@geertstransport.com On-board computers Diesel surcharge (BAF) Terms and Conditions