Dutch transport sector in crisis

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The Dutch transport sector is in serious trouble. Hauliers are facing rising fuel prices, a reduction in the volume of goods to be transported and increasing competition from abroad.

Sector organisation Transport and Logistics Netherlands (TLN) reports that 65 companies went bankrupt in the first quarter, nearly half as many as in the same period of 2011.

TLN Director General Peter Sierat says: "Prospects are bleak and the sector is in a pessimistic mood.” Many hauliers are realising only marginal profits or making no profit at all. According to Mr Sierat, most of the smaller businesses already used up all of their reserves during the 2009 crisis.

TLN calls on the caretaker cabinet and parliament to introduce the planned budget cuts quickly. The organisation argues that the continuing uncertainty leads to limited consumer spending and fewer goods being transported.

(gsh/imm)

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