Canada Freight Transport Report - Business Monitor International - Industry Reports

Canada Freight Transport Report

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

About This Report

  
Abstract:

BMI View: We anticipate growth across all three freight sectors in Canada, with the rail sector achieving the highest levels of growth of -.- in ----. This trend falls in line with signs of a general economic recovery in the country and growth in all key trade indicators, with total trade growing by -.- in ---- and peaking at -.- in ----. ...We forecast real GDP growth of -.- in ----, with business investment in machinery and equipment gradually replacing investment in the energy sector over the coming years. We forecast the weaker exchange rate and stronger US demand will see non-commodity goods exports rise and draw down inventories to an extent that businesses will step up their fixed investment in machinery and equipment, which stymies our Canada freight forecasts somewhat due to the US place as Canada s top trade partner. The implementation of the Trans-Pacific Partnership (TPP), will impact Canada s freight industry significantly, easing up tariffs and customs controls and providing opportunity for a more efficient flow of goods. ...Meanwhile, Canada s air freight sector will benefit from improved links with Asia and increased consumer spending particularly in electronics. This will help set air freight on a gradual growth trend,al though its share in the freight mix will gradually reduce slightly as road transport increases its dominance.

...Any slowdown in Chinese demand would hit Canadian exports further, as would a slowdown in the US recovery. We see predominantly downside risks to our economic outlook for Canada. ...We see predominantly downside risks to our economic outlook for Canada. As mentioned above, we believe that exogenous factors, such as declining commodity prices and an erratic economic recovery in the US, could have more profound effects on our real GDP growth projections in the near term. Shortcomings in efficiency and sustainability within the current freight transport infrastructure may hamper potential growth of agriculture and manufacturing sectors in the country. ...Shortcomings in efficiency and sustainability within the current freight transport infrastructure may hamper potential growth of agriculture and manufacturing sectors in the country. Slowdown in demand for crude oil shipment has forced rail companies to lower prices to compete with pipelines.

...The freight transport sector should be bolstered by a positive consumer demand outlook and rising Asian demand for coal. Canada s strengths as a mining destination will persist in the coming years, enabling solid freight volume growth to ----. ...

  
Source:
Document ID
2047-9379
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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Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Canada Freight Transport Report" Nov 28, 2015. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Canada-Freight-Transport-Report-2026-1354>
  
APA:
Business Monitor International - Industry Reports. (2015). Canada 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/Canada-Freight-Transport-Report-2026-1354>
  
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