Dutch logistics firm Husa stops operations

Dutch logistics firm Husa Transportation has decided to withdraw its open-access railfreight operations due to financial problems.

. (Husa Transportation / Wikipedia)

The company said that it cannot continue operation of its own freight trains as a result of bad financial results, Rail Journal said on Monday.

Husa's rail transport companies – Husa Transportation Railway Services (HTRS) Nederland and its German subsidiary HTRS Süd – will cease operations by March 1.

Husa is planning to sell its rail transport companies. The company is in talks with various interested parties for the sale of its rail subsidiaries.

The company’s other subsidiaries supplying services to third parties, such as intermodal operator Shuttlewise and Switzerland-based leasing company Rail Motion, will not be affected by the decision, and will continue to operate as before.

In addition, Husa's railfreight contracts will be transferred to other companies.