Recent Study: Japan Freight Transport Report Q3 2014

New Transportation market report from Business Monitor International: "Japan Freight Transport Report Q3 2014"

[USPRwire, Tue Jul 29 2014] Japan's GDP increased an annualised 6.7% in January-March, quicker than a preliminary 5.9%, according to data released by the Cabinet Office on June 9 2014. The increase is attributed to a 7.6% quarter-on-quarter rise in business investment in the reported period, revised up from an initial estimate of a 4.9% rise. In addition, consumer spending rose 2.2%, more than a preliminary 2.1% increase, in the first three months of the year.

Strong business investment is expected to help the economy rebound from a forecast 3.5% decrease in April-June following a sales-tax hike in April. Izumi Devalier, a Japan economist at HSBC Holdings in Hong Kong, said 'The slowdown in the second quarter doesn't look catastrophic, and the question now is how fast the pickup will be after then,' reports Bloomberg.

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The boom in Japan's GDP performance will not be felt in the country's freight mix in 2014, however. Air and road freight are both set to see insipid growth this year (1.60% and 1.04% respectively), with rail freight leading the way in terms of year-on-year (y-o-y) tonnage throughput growth at 3.0%.

Headline Industry Data

* Air freight tonnage forecast to grow by 1.6% y-o-y in 2014 to 3.039mn tonnes, marking an improvement on 2013 growth of 1.0%.
* Road freight tonnes hauled in 2014 forecast to grow 1.04% to 4.478bn tonnes.
* Rail freight tonnage will increase by 3.0% in 2014 to 44.875mn tonnes.
* Port of Tokyo 2014 tonnage throughput forecast to grow 2.05% to 87.156mn tonnes.
* Port of Nagoya 2014 tonnage throughput forecast to grow 2.15% to 212.712mn tonnes.
* The real value of Japanese trade will grow by 4.65% in 2014. Exports will grow by 2.80%, behind imports, which will gain 6.50%.

Key Trends And Developments

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

Key Benefits

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