Business travel represents a substantial force in the global economy. Just before the Covid-19 pandemic hit, it contributed to more than USD 1.2 trillion, about 25 percent of the travel and tourism sector’s overall economic impact, to the global GDP. Businesses had resumed spending on travel after substantial declines in 2008 and 2009.

A research by Global Business Travel Association Foundation had found that for every one percent change in business travel spending, the US economy typically gains or loses 74,000 jobs, USD 5.5 billion in GDP, USD 3.3 billion in wages and USD 1.3 billion in taxes. The report also stated that personal vehicle (35 percent) was the most popular mode of transportation among US business travellers in 2016, followed by airplane (28 percent) and rental cars (13 percent).

Internal travel encompasses trips taken for intracompany purposes, where employees participate in activities such as training, team building or inspection of field operations. External travel, on the other hand, refers to travel done by employees for engagements outside the company, including in-person meetings with clients and suppliers, trade conferences and customer sales calls.

"Obstacles to business travel, such as cumbersome visa protocols and long flight connections, constrain access to knowhow and limit growth opportunities, especially in developing countries," said Frank Neffke, research director at Harvard Kennedy School’s Growth Lab.

Benefits Of Business Travel

In the past, companies have experienced that, on average, 40 percent of customers would eventually be lost without in-person meetings and support.

Detailed statistical modelling over 18 years and 14 industries indicates that for every dollar invested in business travel, US companies make a USD 9.50 return in terms of revenue. The modelling also found that US business travel has yielded USD 2.90 in profits for every dollar spent.

There is a small segment of employees for whom travel is deemed essential for conducting business. This category accounted for around 15 percent of all corporate travel expenses in 2019 and includes decision makers in manufacturing companies with a wide distribution of factories and plants, and field-operation workers. For some corporate travellers, it is possible to move oversight responsibility to local personnel and/or utilise digital medium. This segment will see their business travel decline. A large segment of business travel is done to cultivate new or important client relationships. This segment will bounce back as soon as Covid-related restrictions are lifted.

A tiny portion of business travel comes from the public sector, professional associations and nonprofits. During the pandemic, many professional associations were able to hold virtual events to replace in-person conferences and will likely be more cautious in their return to travel.

Business Travel Catches The Virus!

Business travel has taken a big hit during the Covid-19 pandemic and its future is still up-in-the-air, waiting for the end of the pandemic and firming up the ‘New Normal’. In 2020, total global business travel expenses contracted by 52 percent, while managed corporate-travel spending in the United States alone plummeted by USD 94 billion (71 percent).

The World Travel and Tourism Council’s (WTTC) latest annual research shows that the global travel and tourism sector suffered a loss of almost USD 4.5 trillion to reach USD 4.7 trillion in 2020, with its contribution to GDP dropping by a staggering 49.1 percent compared to 2019. In 2020, sixty-two million jobs were lost, representing a drop of 18.5 percent, leaving just 272 million employed across this sector globally, compared to 334 million in 2019. The threat of job losses persists as many jobs are currently supported by government retention schemes and reduced hours, which could be lost without a full recovery of the travel and tourism sector.

Some business travellers expect to take at least as many business trips in 2022 as they had in the year before the Covid-19 pandemic was declared. While teleconferencing will reduce the need for some business travel, many survey respondents cited the need to meet in-person to rekindle relationships with customers, suppliers and business partners. Another frequent reason cited for the need to travel for business was a job change.

The countries most eager to travel for business once Covid-19 travel restrictions are lifted seem to be China, US and Australia. Of course, the potential increase in Covid cases from the Delta and future variants of the virus may still cause further backsliding on rising confidence levels for resumption of business travel. (TT)

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TyreSafe, UK’s charity dedicated to raising tyre safety awareness, has joined forces with Road Safety Support (RSS), a not-for-profit organisation, in a new partnership rooted in their shared dedication to evidence-led road safety. As TyreSafe nears its 20th anniversary, it views this collaboration as vital to its mission of reducing tyre-related casualties and contributing to the ultimate goal of eliminating death and serious injury on British roads.

Road Safety Support brings specialised expertise to the table, working with police, highways authorities and safer roads partnerships both domestically and overseas. Their wide-ranging services include casualty data analysis, developing enforcement strategies, supporting speed and red-light camera technology, road safety marketing and providing independent expert evidence for traffic prosecutions.

This alliance strengthens TyreSafe’s existing network among enforcement and highways bodies, allowing tyre safety education and enforcement to be better integrated with broader road safety intelligence and operational data. By combining forces, TyreSafe gains access to RSS’s analytical and enforcement expertise to create more evidence-led campaigns, while RSS and its partners benefit from TyreSafe’s deep specialism in tyre condition research and practical guidance.

Underpinning the collaboration is a mutual recognition that reducing road harm demands coordinated, multi-disciplinary action. Both organisations are committed to the Safe System approach, ensuring that safer vehicles – particularly tyres – are given equal priority alongside safer roads, speeds and people. By blending RSS’s strengths in data, enforcement and legal processes with TyreSafe’s two decades of dedicated tyre safety knowledge, the partnership aims to deliver more consistent, informed and impactful road safety outcomes.

Stuart Lovatt, Chair of TyreSafe, said, “Tyre safety is a fundamental part of safe vehicles, yet it is still too often overlooked in the wider road safety conversation. Partnering with Road Safety Support is an important step in ensuring that tyre-related risk is better understood and addressed using robust data and real-world insight. As TyreSafe continues to work closely with police forces, highways authorities and local authorities, this partnership will help strengthen the evidence base that underpins effective enforcement, education and prevention activity.”

Emma Kelly, Development, PR and Advocacy Manager at Road Safety Support and Road Safety Support International, said, “Road Safety Support works with police forces, road safety partnerships and stakeholders to develop robust, evidence-led road safety strategies. Tyre condition plays a vital role in collision prevention, yet it can be underestimated when considering vehicle-related risk. Partnering with TyreSafe allows us to integrate specialist tyre safety knowledge into broader enforcement and safety frameworks, helping partners make more informed decisions and deliver more effective interventions.”

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Nexen Tire America recognises that with energy and fuel costs continuing to challenge drivers, many are seeking ways to maximise efficiency beyond simply altering their driving routines. While adjusting habits like reducing speed is common, the company points to several overlooked factors that can significantly affect a vehicle’s energy consumption and overall cost per mile.

A critical yet often underestimated element is the role of tyres. Rolling resistance, which is the energy needed to keep tyres moving, directly impacts fuel economy and electric vehicle range. Choosing tyres specifically engineered to minimise this resistance, such as Nexen’s N’Priz S Grand Touring All-Season, can yield noticeable improvements. However, even the best tyres require consistent care; underinflation and misalignment create excess drag that forces the vehicle to work harder, quietly eroding efficiency over time.

External vehicle modifications also play a significant part. Accessories like roof racks and cargo carriers disrupt aerodynamic flow, and even open windows at highway speeds can create more drag than using air conditioning. Driving habits themselves deserve a strategic rethink as well. Opting for a slightly longer route with fewer stops can prove more efficient than a short, start-and-stop journey. Smoother acceleration, gradual braking and coasting to a stop help conserve momentum, which is especially beneficial for regenerative braking systems in electric vehicles.

For electric vehicle owners, additional steps can further extend range. Preconditioning the cabin while the car remains plugged in reduces the strain that climate control places on the battery during travel. Combined with a conscious effort to ease off the accelerator early to maximise energy recovery through regenerative braking, these practices allow drivers to go further on every charge, complementing the efficiency gains from proper tyre selection and mindful driving.

Aaron Neumann, Head of the Nexen Tire America Tech Center, said, “There are several opportunities to improve efficiency that aren’t immediately visible to drivers. From tyre design and maintenance to subtle driving habits, these factors work together to influence how much energy a vehicle uses. By paying attention to the details, drivers can take meaningful steps toward reducing costs and getting more out of every mile.”

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Hankook Tire has claimed the top position in the latest Auto Bild manufacturer ranking, securing a dominant presence across key tyre categories. The brand’s ascent was driven by a double test win for its newly launched Ventus evo, which propelled Hankook to share first place in the summer tyre segment. In the all-season category, the company delivered a consistently strong performance, earning third place overall thanks to the Kinergy model series, which accumulated four top placements across various evaluations.

The Ventus evo made an impressive entry into the current tyre season by clinching victory in two separate Auto Bild summer tyre tests, a feat that positioned Hankook as the only manufacturer alongside one other to achieve a double win in the summer tyre manufacturer standings. This debut underscored the tyre’s seamless fit within the premium segment, with the results highlighting its capabilities across critical criteria such as wet braking and dry handling.

In the all-season arena, the Kinergy series demonstrated remarkable consistency across four distinct tests, securing Hankook’s third-place finish in the manufacturer ranking. The model line proved its reliability by delivering strong results across all relevant performance areas, including winter characteristics, further cementing Hankook’s reputation as a dependable leader in that segment.

The Auto Bild manufacturer ranking aggregates results from all tyre tests conducted during the season, assigning points based on a structured system. A test win earns six points, followed by five for an exemplary rating, three for good, two for satisfactory and one for recommended with reservations. Additional bonuses apply, with one extra point for Eco Champion recognition and two for a Green Tyre designation. Across the 2025/2026 season, a total of 67 summer tyres and 61 all-season tyres were evaluated under this framework.

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Brisbane-based NTD has strengthened its leadership position in Australia and New Zealand by finalising four exclusive multi-year supply agreements with major global tyre manufacturers. These deals solidify the company’s standing within a regional wholesale and retail sector valued at over USD 11 billion, ensuring long-term collaboration with key suppliers across a diverse array of tyre segments. The agreements with Radar Tyres, Giti/GT Radial, Cooper Tires and Mickey Thompson Tires cover passenger vehicles, SUVs, 4-wheel drives, electric vehicles, light trucks, commercial fleets and specialised applications in agriculture and mining, reinforcing NTD’s ability to serve a broad customer base.

According to NTD’s Chief Executive Officer and Managing Director, Warwick Hay, these partnerships are fundamental to the company’s growth strategy. By securing exclusivity over an extended period, the group can pursue deeper collaboration with manufacturers in areas such as product development, supply planning, and brand building. This structure not only supports commercial flexibility but also enhances supply chain reliability, ultimately ensuring that NTD’s extensive dealer network and customers benefit from consistent product availability.

Two of the newly formalised agreements involve American brands Cooper Tires and Mickey Thompson Tires, both owned by Goodyear. NTD first introduced Cooper Tires to Australia in 1989, and the brand has since become well established in the SUV and light truck segments. Meanwhile, Mickey Thompson Tires maintains a strong focus on high-performance and off-road applications, building on a legacy of innovation in tread design and safety. Representatives from Goodyear and Mickey Thompson noted that NTD’s expertise and commitment have been instrumental in driving brand growth, with the renewed agreements set to build on that momentum.

The remaining two agreements are with Singapore-based entities: Radar Tyres, owned by Omni United, and GT Radial, part of the Giti Group. Radar Tyres has gained recognition in Australia for its value-focused passenger and all-terrain offerings, alongside its distinction as the world’s first carbon-neutral tyre brand. Giti Tire supplies premium products across multiple vehicle categories and has made significant inroads into the electric vehicle segment, supplying original equipment manufacturers such as BYD, GWM and Tesla. Executives from both companies highlighted the combination of global manufacturing capability with NTD’s national distribution network as a key factor in ensuring reliable supply and strong dealer support across Australia and New Zealand.

As the largest independent tyre and wheel importer and distributor in the region, NTD serves more than 4,000 business customers through an extensive network of distribution centres and retail outlets. The company also manufactures retread tyres and provides performance management systems for commercial fleet operators. Hay noted that in a context of global uncertainty, these agreements formalise longstanding supplier relationships while reinforcing continuity of supply. He added that maintaining a broad and dependable product range is essential, particularly as demand grows for eco-friendly, smart and electric vehicle tyres across the diverse sectors the company serves.

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