"Israel Freight Transport Report Q4 2014" Published

From: Fast Market Research, Inc.
Published: Wed Nov 05 2014


There is a mixed outlook for Israel's freight transport sector in 2014. Although we forecast moderate growth in the rail and air freight sectors - which follows three years of declining volumes in the air freight sector - the two major Israeli ports of Ashdod and Haifa look set to see their throughput decline. This view is predicated on the back of disappointing H1 data and the risks to their business through industrial action by workers protesting about the development of two new privately operated ports adjacent to the existing facilities. Further to the risk posed by business developments, the volatile situation in Gaza offers serious risk to our macroeconomic forecasts for the country, and so also to our freight transport projections.

Headline Industry Data

* 2014 air freight growth is forecast at 1.4% following a decline of 3.0% in 2013; we project average growth of 1.8% per annum to 2018.
* 2014 Port of Haifa tonnage throughput is forecast to decline by 7.0%. We forecast that the facility will return to growth in 2015 at 3.5%, though this will be insufficient to recoup lost volumes.
* 2014 rail freight tonnage is forecast to grow by 4.4%, and to average 3.4% to 2018.
* Total trade growth in real terms in 2014 is forecast to grow 2.5% and average 3.4% to 2018.

Full Report Details at
- http://www.fastmr.com/prod/888087_israel_freight_transport_report_q4_2014.aspx?afid=301

Key Industry Trends

CAL Acquires Freighters To Accommodate Large Cargo: Israel-based air freight firm CAL Cargo Air Lines has entered an agreement to dry lease a B747-400F freighter and buy a B747-400ERF. The B747-400F will be introduced to CAL's fleet in September and the B747-400ERF is scheduled to begin services two months later. The two freighters will fly non-stop to destinations in South America and the Far East.

Zim Completes Debt Restructuring Process: Zim Integrated Shipping Services concluded its comprehensive debt restructuring process on July 16, according to a company press release. Under the plan backed by the company's lending banks, shipowners and bondholders, about USD1.4bn of...

The Israel Freight Transport Report has been researched at source, and features latest-available data covering commercial transport and logistics by road, rail, air and water; industry forecasts, company rankings covering leading national and multinational operators; and analysis of latest industry trends, opportunities, projects and regulatory changes.

Business Monitor International (BMI)'s Israel Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Israeli freight transport and logistics industry.

Key Benefits

* Benchmark BMI's independent freight transport industry forecasts on Israel to test other views - a key input for successful budgetary and planning in the strategic freight transport market.

About Fast Market Research

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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.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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