![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
MARKET'S REPORT * Argentine - Freight Transport Report Q3 2009
New market research report: Argentina Freight Transport Q3 2009
City of Buenos Aires,Argentine -PR Inside, by Mike King (UK) -17 June 2009: -- The obstruction of Argentina´s main trucking routes worsened in late March 2009, stalling freight cargo movement between the South American country and its neighbours... The protests escalated to affect trade volumes between Argentina and neighbouring Brazil, the largest single destination for Argentine exports with more than US$10bn worth of exports to the country in 2007... 
For the 2009-2013 period we are now expecting average annual freight growth across all transport modes -measured in million tonnes-km (mntkm)- of only 0.7%. Various factors support this core prediction... Across our 2009-2013 forecast period, we have reduced the average annual GDP growth forecast to only 0.6%, a pretty dismal performance when compared to the 8.5% annual average registered in the preceding five-year period... The freight industry is now experiencing much more manageable fuel prices, but this contribution to the bottom line will not be enough to dispel the gloom caused by slumping demand... Road haulage will continue to be the dominant freight transport mode. Investment is still needed in both the highways network and truck fleets, but recession will ease bottlenecks. Over the forecast period annual average growth in road freight carried will be 0.7%, down sharply from the preceding five years... 
We give Argentina a freight transport rating of 54.7 (out of a theoretical maximum of 100.0), which puts it in the medium range of key Latin American markets that the report monitors. Positive factors contributing to the country's score include the country's long-term economic and political risk assessments and potential for growth in infrastructure. The total value of transport and communications GDP will rise to US$44bn in nominal terms by 2013, representing 9.9% of Argentina's GDP. The transport and communications sector employed around 666,000 people, or 7.1% of the labour force, in 2008. We see the figure rising to 701,000 by 2013, although as a proportion of the labour force it will remain unchanged at 7.1%...Labels: transport and logistics reports
posted by Unknown @ 1:24 PM
0 Comments:
Post a Comment
<< Home