New Market Report: Belgium Freight Transport Report Q2 2015

From: Fast Market Research, Inc.
Published: Tue Feb 17 2015


Following a year in which BMI believes saw increasing volumes across the whole of Belgium's freight transport sector, with the port of Antwerp posting its highest ever throughput figures, 2015 will signal further growth in all freight modes in line with the country's macroeconomic outlook.

Total trade is projected to pick up with our Country Risk desk forecasting a y-o-y increase of 3% in 2015 following an estimated growth of 2% in 2014.

Road freight is to continue to dominate the sector and is projected to grow by 1.6% in 2015. The mode did not manage to defy the downturn and so far appears to be struggling to recover to its pre-2008 volumes.

BMI notes that inland waterway freight, having fully recovered its 2006 levels, continues increasing its share in Belgium's freight mix, while further growth is projected at the country's top seaport of Antwerp.

Headline Industry Data

* 2015 Air freight is expected to grow by 3.6%
* 2015 Rail freight is forecast to grow by 3.3%
* 2015 Port of Antwerp throughput is forecast to grow by 2.9%
* 2015 Port of Antwerp container throughput is forecast to grow by 5%
* 2015 Road freight is forecast to grow by 1.6%
* 2015 Inland waterway freight is forecast to grow by 2.3%
* 2015 Total real trade growth is forecast at 3%

Full Report Details at
- http://www.fastmr.com/prod/956835_belgium_freight_transport_report_q2_2015.aspx?afid=301

Key Industry Trends

New Rail Link Boosts Antwerp's Connectivity - We highlight that the outlook for Belgium's rail freight mode and the port of Antwerp's connectivity has received further boost with the opening of a new 16.2km rail link between the left and right banks of the River Scheldt in Antwerp. The link includes a 6 km-long twin tunnel under the river and increases freight capacity by cutting transfer time and allowing more direct access to the port's Deurganck dock.

Pharma Supply Chain Gets New Freight Option - The Belgian pharmaceutical sector is better connected to its Switzerland and Qatar as a result of Qatar Airways Cargo launching a new freighter service at the end of January 2015 -...

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

Key Benefits

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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