Business Spotlight

Up and down

- Sources: Financial Times; Internatio­nal Transport Forum (www.itf-oecd.org) Sources: The Wall Street Journal; United Nations World Tourism Organizati­on (www2.unwto.org)

Internatio­nal tourist arrivals rose to 1.3 billion in 2017, up from 674 million in 2000 and 278 million in 1980. Since 2008, 80 per cent of the growth in global tourism spending has come from Chinese visitors, according to the UN. According to a trucking industry report from 2017, automated trucks could reduce the demand for drivers in the US and Europe by 50 to 70 per cent. This would mean that profession­al trucking jobs in those two regions would fall from 6.4 million to about two million.

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