New Transportation research report from Business Monitor International is now available from Fast Market Research
Boston, MA -- (SBWIRE) -- 11/08/2012 -- Following a year in which the Czech Republic's main freight mode of road freight continued to decline, while all other freight modes saw increasing volumes, 2012 will signal further decline in road freight and a slowing in growth in air, rail and inland waterway freight.
Total trade is projected to pick up with our Country Risk desk forecasting a year-on-year (y-o-y) increase of 8.55% in 2012 following an estimated growth of 9.30% in 2011.
Road freight is to continue to dominate the sector despite being projected to contract by 1.20% in 2012.
The sector did not manage to defy the downturn and so far appears to satisfy European Union (EU) pledges of a decrease in road haulage across the region. BMI notes that rail is the likeliest candidate in Czech Republic's freight transport mix to benefit from any diversification away from road.
View Full Report Details and Table of Contents
Headline Industry Data
- 2012 Air freight tonnage is expected to grow by 1.1%
- 2012 Rail freight is forecast to grow by 2.1%
- 2012 Road freight is forecast to decrease by 1.2%
- 2012 Inland waterway freight is forecast to grow by 3.1%
- 2012 Total real trade growth is forecast at 8.6%
Key Industry Trends
AWT Continues Modernising Intermodal Terminal
Czech Republic-based international transport and logistics services provider AWT Group has begun the new phase of the modernisation and expansion of AWT Cechofracht's Ostrava-Paskov terminal. The development by the country's largest private transporter will help drive more of the country's freight away from the road and onto the rail.
CD Cargo Restructuring Suspended
CD Cargo's restructuring was suspended in May 2012 by the Czech Republic's Transport Minister Pavel Dobes, who also ordered an audit of the financial activities of the country's largest rail freight operator, part of the CD Group.
Risks to Outlook
A more pronounced slowdown in eurozone growth than BMI currently forecasts, creates considerable downside risks to our forecasts for Czech Republic's freight transport growth. The country and the sector rely heavily on the external market for growth, particularly while government expenditure is dragged down by fiscal austerity and as consumers struggle to bounce back from the global recession.
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Transportation research reports at Fast Market Research
You may also be interested in these related reports:
- Czech Republic Freight Transport Report Q3 2012
- Australia Freight Transport Report Q4 2012
- Poland Freight Transport Report Q4 2012
- Malaysia Freight Transport Report Q4 2012
- Romania Freight Transport Report Q4 2012
- Egypt Freight Transport Report Q4 2012
- Hong Kong Freight Transport Report Q4 2012
- Argentina Freight Transport Report Q4 2012
- Hungary Freight Transport Report Q4 2012
- Brazil Freight Transport Report Q4 2012