Transportation Services in China - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-03 12:39:01
The transportation services industry group is defined as consisting of revenues generated from freight transportation by road, rail, air and marine. All currency conversions used in the production of this report have been calculated using constant 2012 annual average exchange rates.
The Chinese transportation services industry group had total revenues of $368.3bn in 2013, representing a compound annual growth rate (CAGR) of 12.6% between 2009 and 2013.
The Road freight segment was the industry group´s most lucrative in 2013, with total revenues of $227.3bn, equivalent to 61.7% of the industry group´s overall value.
The performance of the industry group is forecast to decelerate, with an anticipated CAGR of 8.8% for the five-year period 2013 - 2018, which is expected to drive the industry group to a value of $561.5bn by the end of 2018.
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