Germany's Inland Shipping Slumps Amid Sluggish Economy...
International News
June 12, 2024
Germany's inland shipping industry is experiencing a significant downturn due to the country's sluggish economic performance. Roberto Spranzi, President of Deutschen Transport Genossenschaft Binnenschifffahrt EG (DTG), highlighted the challenges faced by the sector, including reduced freight volumes and increased operational costs. As industries cut back on production and exports, the inland shipping sector is feeling the impact, leading to concerns about the future stability.