Australia Freight Transport Report - Business Monitor International - Industry Reports

Australia Freight Transport Report

Australia Freight Transport Report - Business Monitor International - Industry Reports
Australia Freight Transport Report
Published Nov 28, 2015
68 pages — Published Nov 28, 2015
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI View: Over the course of ---- we expect to see road freight once more outperform the other two modes in Australia with the former coming in at -.-- y-o-y growth, and rail freight and air freight are forecast to grow by -.-- and -.-- respectively. The slight y-o-y gains across all of the modes compared to ---- are in line with our view that the overall trade picture is set to improve over the next -- months with real trade growth pencilled in to increase by -.-- in ----. ...The country s worsening terms of trade and unwinding investment boom continue to act as major headwinds to growth going into ----, thus tempering the rate of growth of the freight modes in Australia over the short term. That said, the lack of an explicit easing bias by the Reserve Bank of Australia (RBA) and potential risks to the property market caused by low interest rates suggest to us that further cuts by the central bank are unlikely, and we expect the RBA to keep its cash rate steady at -.-- over the course of ---- and ----. Meanwhile, the ongoing terms of trade shock that Australia is facing is rendering the rebalancing of trade in volume terms ineffective in monetary terms. ...Rail freight, meanwhile, sits safely in second place in the freight mix, but average annual gains are forecast to be -.-- to reach -.--bn tonnes between ---- and ---- as a reduction in coal output will diminish demand for rail freight. Air freight is a minimal player in the mix in Australia, with agribusiness export growth set to be undermined by rising competition coming from lower-cost producers to supply attractive markets in Asia and the Middle East.

...Australia-based logistics company Asciano Limited plans to invest AUD---mn (USD--.--mn) in building an intermodal freight terminal at St Marys, Sydney, reported the Sydney Morning Herald in October ----. ...Externally, the ongoing slowdown in China is another major factor that will keep prices of key commodity exports such as iron ore and coal depressed, suggesting that export earnings are likely to decline further, despite an increase in shipments (particularly for iron ore). A strike by Australia s Department of Immigration and Border Protection staff, beginning at the airports in Cairns, Perth and Darwin, caused delays and disruptions to air traffic across the country, reported ABC Online in September, underlining the disruptive and negative impact of strikes in the country. The strike, linked to demands for a salary-hike and improved working conditions, started on September -- and will continue until September --. ...The plan is part of Australia s ---- federal budget, according to

...As one of the region s largest and most stable states, the country attracts many refugees and economic migrants. The issue is a key source of domestic tension and has been hotly debated in parliament in recent times as the capsizing of a boat led to the death of a number of refugees. ...The issue is a key source of domestic tension and has been hotly debated in parliament in recent times as the capsizing of a boat led to the death of a number of refugees. The issue continues to be debated in the federal parliament with no sign that political parties will find a viable alternative that would ensure the safe passage and fair processing of the refugees, while reducing the possibility of people smuggling. The fragility of the state governments finances compared to the large infrastructure projects that they need to undertake has led to questions with regards to the compatibility of the federal-state system with the country s current development needs. ...

  
Source:
Document ID
1752-5233
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Australia Freight Transport Report" Nov 28, 2015. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Australia-Freight-Transport-Report-2026-47>
  
APA:
Business Monitor International - Industry Reports. (2015). Australia Freight Transport Report Nov 28, 2015. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Australia-Freight-Transport-Report-2026-47>
  
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