Market Report, "Australia Freight Transport Report Q1 2015", published

With growth across the Australian freight mix set to be fairly muted in 2015, it is clear that the ongoing weakness in Chinese demand growth is keeping commodity prices subdued, and global disinflation trends are also remaining intact. With China such an important trade partner to Australia, the latter cannot help but see its freight industry detrimentally affected as a result.

Having said that, we revised up our real GDP growth forecast for 2014 to 2.8% from 2.3% previously in September 2014, given the stronger-than-expected growth rate seen in H1 2014. However, we remain below consensus, and expect growth to slow to 2.3% in 2015 as the strong construction picture struggles to counteract the weakness in external demand.

In 2015, the outperformer by mode is set to be road freight, seeing 2.70% gains and edging ahead of both rail and air (2.58% and 2.30% respectively). In what represents something of a mixed bag in terms of performance this year, some modes (such as rail and road) will have seen year-on-year (y-o-y) growth, while others (air) will have slipped on 12 months previous. The ports sector will also see a mixed year with the ports of Sydney and Melbourne penciled in for y-o-y tonnage throughout growth, while Brisbane and Fremantle will see growth reduce slightly.

Full Report Details at
- http://www.fastmr.com/prod/900648_australia_freight_transport_report_q1_2015.aspx?afid=301

Headline Industry Data

* 2015 air freight tonnage is expected to grow by 2.30%.
* 2015 rail freight tonnage is forecast to grow by 2.58%.
* 2015 port of Melbourne tonnage throughput is forecast to increase by 1.60%.
* 2015 port of Sydney tonnage throughput is forecast to grow by 1.42%.
* 2015 road freight is forecast to increase by 2.70%.
* 2015 total real trade growth is forecast to grow by 3.34%.

Key Industry Trends

Virgin Australia To Set Up Freight Division In FY15

Virgin Australia is to launch its own freight division in FY15, according to a statement issued by CEO John Borghetti. Borghetti explained that the freight operation will bring in revenues of between AUD150mn (USD140.2mn) and...

The Australia 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 Australia Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Australian freight transport and logistics industry.

Key Benefits

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