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Thursday 25 April 2013

South Africa Freight Transport Report Q2 2013

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South Africa Freight Transport Report Q2 2013
Apr 24th 2013, 00:00

BMI maintains a cautiously optimistic stance with regards to South Africa''s freight transport sector in 2013.Although there are risks to the mining sector from a potential hard landing in China, our mining deskbelieves that growth will continue, which bodes well for the rail and port sectors in particular.Headline Industry Data? Rail freight growth will be 6.2% in 2013, and will average 5.7% to 2017.? Richards Bay Port''s tonnage throughput in 2013 is forecast to increase by 1.3%. Over the medium-termwe project a 3.9% average annual increase.? 2013 total trade growth is forecast at 3.8%, up from the estimated 4.6% expansion in 2012.? Road freight volumes ar...

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