News / German logistics firms in subdued mood as they face an 'uncertain' 2024

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Economic stagnation in Germany – Europe’s industrial and manufacturing powerhouse – and the prospect of a shallow recession continuing in 2024 is reflected in the largely subdued mood in the country’s freight transport and logistics sector.

An indication of the current unrest, the past week or so has seen protests by German road haulage firms and farmers over a government decision to cut subsidies and tax breaks on diesel for trucks and agricultural vehicles.

A survey of around 80 freight transport and ...