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Friday 27 September 2013

Singapore Freight Transport Report Q4 2013:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
 
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Singapore Freight Transport Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

The city-state of Singapore’s role as a global transhipment hub is both its blessing and its curse. In times such as these, when key markets in Europe and the US are either recessionary or growing sluggishly, it can be hit by depleted freight volumes. In 2013, we forecast that both the port and airport’s total tonnage volumes will undergo a contraction. Headline Industry Data ? 2013 air freight tonnage through Changi International Airport to contract 1.8%. Growth over our forecast period (2013-2017) to average 0.6% per annum. ? The port of Singapore’s gross tonnage will contract by 1.6% in 2013, …

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