you could roll your own parser.
something like:
<?
$data_lines = file("import.txt");
while(list($line_num, $line) = each($data_lines))
{
$col_array = explode("\t",$line);
echo "INSERT INTO table (col1, col2) VALUES ('". trim($col_array[0]) ."', '". trim($col_array[1] . $col_array[2]) ."')";
}
?>
this loads import.txt, strips off whitespaces before and after the strings. loads the first field right in. concats the second and third fields and loads them into the second column in the db. this is from memory, so its just an example.