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The first list of defaulting shipping companies has been published

The first list of defaulting shipping companies has been published

The sanctioning regime to fight late payment in the road transport sector approved at the end of 2021, together with the activity carried out by the Transport Inspection Services in this area, “are contributing decisively to improve the situation of payment terms to carriers, although with the expected ups and downs in the process of adaptation by shippers and intermediaries to the new regulation,” Fenadismer highlighted in a statement.To contribute to its greater compliance, the Law that established the new sanctioning regime included the obligation for the Transport Administration to periodically publish a list of the freight forwarding and intermediary companies that have been sanctioned to date. And also indicate the fines that are firm in administrative proceedings or, in the event of having filed a contentious-administrative appeal, in judicial proceedings.

Defaulting transport companies

Thus, the Ministry of Transport has already published on its official website the first list of non-compliant companies corresponding to the first half of this year.

The list includes a total of 64 delinquent loading and intermediary companies with a firm non-appealable sanction, with fines that in some cases exceed 16,000 euros.

Here’s the complete list:

empresas cargadoras e intermediarias morosas

The Ministry of Transport has published the list of delinquent loading and intermediary companies with firm sanction

Shippers pay mostly by transfer to carriers

It is also interesting to see how the means of payment used by customers to pay for the services provided by their carriers have evolved: thus, transference currently stands out as the most common means, specifically 75% in the last month when in 2012 only represented 15%. On the contrary, in that year the promissory note was imposed, which reached quotas of between 60 and 70% of the means of payment used, when now it barely reaches 4%. Likewise, the use of confirming is significant, a payment instrument that Spanish financial institutions have tried to export to other countries, and that throughout the last decade has had an uneven evolution, reaching peaks of 50% use in some years, although it currently stands at 21% of the means of payment in the road transport sector.