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23.07.2008
European
Road freight sector under pressure
The European road haulage industry is under pressure as never
before, according to market analysts Market Watch. In an article
carried on its website, www.marketwatch.com Market Watch says
that
rising fuel prices combined with a hyper-competitive market
place in which it is impossible to pass on costs, has had
inevitable consequences on the sector.
The influx of lower cost haulage companies from Central &
Eastern Europe have made life even more difficult for domestic
operators. However, this has not prevented the largest players
in the industry from embarking on substantial acquisition
programmes as they seek to increase the volumes in their networks.
Kuehne + Nagel, DSV, Geodis and Norbert Dentressangle have
all been highly active, seeking to challenge Schenker and
DHL as market leaders.
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