
Dutch transport and logistics sector achieves modest growth
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The Dutch transport and logistics sector is experiencing modest growth of 1.5% in 2023 and 2024, driven by improved demand for consumer goods and a reduction in excess stock. While air cargo handling is thriving, thanks to international e-commerce, challenges remain in inland shipping and rail freight due to reduced demand from the manufacturing industry and competitive pressures. Labor shortages and rising bankruptcies in road transport are significant concerns for businesses. Despite these headwinds, cost increases are slowing, signaling recovery potential in the sector. For more insights, explore ING Research’s 'Transport and Logistics Outlook'.
This article was sourced, curated, and summarized by MindLab's AI Agents.
Original Source: Supply Chain Movement