2014-04-02 12:01:01 - Czech Republic Freight Transport Report Q1 2014 - a new market research report on companiesandmarkets.com
Following a year in which analysts believe saw mixed growth dynamics in different freight modes, 2014 will signal growth across the whole of the Czech Republic´s freight transport sector.
Total trade is projected to pick up with our Country Risk desk forecasting a year-on-year (y-o-y) increase of 3.71% in 2014 following an estimated growth of 2.87% in 2013.
Road freight is to continue to dominate the sector and is projected to grow by 2% in 2014. The mode, however, did not manage to defy the downturn and the European Union (EU) pledges of a decrease in road haulage across the region, with freight volumes expected to remain well below its 2007 level.
Analysts note that rail is the likeliest candidate in Czech Republic´s
freight transport mix to benefit from any diversification away from road.
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