Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Industries

Belgium Freight Transport Report Q1 2014 - New Market Study Published


Print article Print article
2014-01-25 00:26:29 - New Transportation research report from Business Monitor International is now available from Fast Market Research

Following a year in which BMI believes saw increasing volumes in most of the freight modes, 2014 will signal more pronounced growth across the whole freight transport sector, although it will continue struggling to return to pre-downturn levels.

Total trade is projected to pick up with our Country Risk desk forecasting a y-o-y increase of 4.0% in 2014 following an estimated growth of 1.4% in 2013.

Road freight is to continue to dominate the sector and is projected to grow by 0.5% in 2014. The mode did not manage to defy the downturn and so far appears to be struggling to recover to its pre-2008 volumes. BMI notes that inland waterway freight fully recovered its 2006 levels thanks to two years of

strong growth. The return to growth in box throughput is projected at the country's major seaports.

Headline Industry Data

* 2014 Air freight tonnage is expected to grow by 2.2%
* 2014 Rail freight is forecast to grow by 3.0%
* 2014 Port of Antwerp throughput is forecast to grow by 4.7%
* 2013 Port of Antwerp container throughput is forecast to grow by 2.0%
* 2014 Road freight is forecast to grow by 0.5%
* 2014 Inland waterway freight is forecast to grow by 1.8%
* 2014 Total real trade growth is forecast at 4.0%.

Full Report Details at
- www.fastmr.com/prod/763942_belgium_freight_transport_report_q1_2 ..

Key Industry Trends

Antwerp Registers 3.0% Rise in Freight Volume- The Belgian port of Antwerp registered a 3.0% year-onyear (y-o-y) rise in freight volume to 143.01mn tonnes in the first nine months of 2013. Liquid bulk increased most, while container volumes dropped by 1.7% to 6,404,791 TEUs.

P3 Network Selects Antwerp as European Platform- The P3 Network (Maersk, MSC and CMA CGM), has selected the port of Antwerp as its European platform. The move will strengthen the port's competitive position in the region.

DB Schenker Logistics Expands Operations in Belgium- DB Schenker Logistics has opened a new logistics centre located in Zwevegem, Belgium. The EUR13mn facility offers the customers in the Belgian provinces of Hainault and West and East Flanders faster connectivity to all destinations in Europe.

Risks to Outlook

Despite enjoying a relatively strong recovery following the global financial crisis, the Belgian economy is now struggling against headwinds from the eurozone. A particular concern is the national debt which, at close to 100% of GDP, leaves Belgium vulnerable to deterioration in risk sentiment and slowdown in economic growth.

Although the Belgian economy slowed down after a prompt recovery achieved in 2010-2011, it is likely to continue outperforming the eurozone as a whole, and we forecast a real GDP growth of 0.3% in 2013 and 1.2% in 2014. There are significant downside risks to our medium-term economic growth forecasts, particularly stemming from the impact of fiscal consolidation and the eurozone sovereign debt crisis.

The major issue for freight operators in Belgium is the likely sluggish growth rate of the country's exports, with its top trade partners located in Europe. Germany, France and the Netherlands are Belgium's main destinations for exports, and all are expected to offer only fair-to-middling demand for the country's exports after their real GDP growth rates weakened considerably.

Report Table of Contents:

The table of contents for this report is available upon request.

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: www.fastmr.com
Phone: 18008448156

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com