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TRUCKING MARKETS * Iran - Freight Transport Report Q4 2010
New report provides detailed analysis of the Logistics market
Teheran,Iran -Companiesandmarkets.com/Official SPIN /OfficialWireby Press Office (London,EN,UK) -September 01, 2010: ... Going into the second half of 2010 operating conditions for freight transport companies in Iran remained difficult but of course, not impossible. The main development was the further tightening of US and European Union sanctions against the country, imposed in reprisal for Tehran's nuclear programme... While this was causing real difficulties (particularly on the financing front) for key state transport companies such as shipping line IRISL and Iran Air, high oil prices and a recovery, albeit weak, in the domestic economy, were partially alleviating the position... The Iranian trucking business is set for strong growth, with volume hauled expected to grow 4.4% this year, and increasing by a further 6.6% in 2011. It is Iran's road freight sector, in BMI's opinion, that holds the most potential for growth over the mid term, with road freight dominating the country's land-based freight mix. Road haulage is also one of the transport modes least affected so far by economic sanctions... 2010 in BMI's opinion should see volumes right themselves with a y-o-y growth projection of 1.5%... (AFP/File photo – Loaded trucks cross the Iranian-Iraqi border at the Kurdistan crossing point of Bashmakh, Iraq, in 2007)Labels: trucking markets worldwide
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