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Saturday will mark a new future for troubled air freight trucking company Rutges Cargo, when it will formally become Rutges Cargo Logistics & Warehousing, under new ownership.

The road feeder service provider was officially declared bankrupt by an Amsterdam court on 27 November, following the temporary suspension of a payment on 14 November.

According to reports in the Dutch media, the Wallenborn-owned company, which was kept as a separate entity, has struggled financially, suffering losses for some time, including a €1m loss ...

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