Revenues in transport sector nearly 4% higher in first quarter


Revenues in the vital Dutch transport sector were 3.8% higher in the first quarter of 2018 compared to the year-earlier period, the national statistics office CBS reported on Friday.

It was the fifth consecutive quarter with an increase, the agency added.

With the single exception of inland waterway and ocean shipping, all sectors contributed to the gain. Ocean shipping fell by 5% year-on-year, while inland waterway shipping was 2% lower because water levels in some rivers were too high to navigate safely in the winter months.

Trucking, the largest segment in the sector, registered a 5.2% increase over the first three months of 2017 and contributed significantly to the overall gain.  Not only were more goods transported over the road, but prices were higher, the CBS noted.

The biggest increase was seen in the warehousing sector which registered a 9.7% jump. The airline segment was 5.3% higher while freight forwarding rose by 4.6%, the CBS said.

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