New Market Research Report: Colombia Freight Transport Report 2016

From: Fast Market Research, Inc.
Published: Tue Nov 10 2015

Growth across the Colombian freight mix is set to remain relatively strong in 2015. This trend follows the news that Colombia's real GDP growth is poised for a robust expansion in the coming quarters, though cooling slightly from the 5.4% year-on-year (y-o-y) growth recorded in H1 2014. However, while Colombia will continue to outpace much of the rest of Latin America in the coming quarters, this will be in the context of modestly slowing real GDP growth.

This year we expect the port of Cartagena to see more muted y-o-y growth compared to recent years (between 2010 and 2012 inclusive, growth came in at double figures), but it will still outperform domestic rival the port of Buenaventura in terms of annual gains (4.50% compared to 3.31%, respectively). Rail freight will also see healthy growth of 7.00%, ahead of the road and air freight modes (5.23% and 5.00% respectively).

Full Report Details at

Headline Industry Data

The port of Cartagena will see total tonnage volume increase by 4.50% to 21.63mn tonnes in 2015.
Total tonnage handled at the Pacific port of Buenaventura will be up by a more restrained 3.31% to 9.72mn tonnes.
Air freight tonnage handled will grow by 5.00% in 2015.
Road freight tonnage handled will increase by 5.23% in 2015.
Rail freight tonnage handled will rise by 7.00% in 2015.

Key Trends And Developments

Infrastructure Must Improve To Aid Freight Growth: Insufficient infrastructure network in Colombia is proving to be a key stumbling block to growth, according to a Standard and Poor's report in 2014. The report explained: 'Considering that Colombia's economy has the potential to be the third largest in the region - after Brazil's and Mexico's - the improvement of the transport network is crucial in boosting the country's competitiveness and maintaining its economic growth in the medium and long-term.'

The Colombia 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.

BMI Research's Colombia Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Colombian freight transport and logistics industry.

Key Benefits

* Benchmark BMI's independent freight transport industry forecasts on Colombia to test other views - a key input for successful budgetary and planning in the strategic freight transport market.
* Target business opportunities and risks in the Colombian freight transport sector

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