The Transportation industry is essential to personal mobility and a prerequisite for achieving socio-economic progress. The industry is a key component of global production and supply chains, and a primary facilitator of international trade in goods and services. Emerging technologies and stricter environmental regulation are reshaping traditional transportation modes and driving investment in more efficient and sustainable transportation solutions.
Activities associated with the Transportation industry are transportation of passengers and cargo by road, rail, air and water, and the related support activities. Urban mobility, scenic and sightseeing transportation, courier and postal services, and pipeline transportation of oil and gas are also included in this industry.
Year 2020 was an exception year due to COVID-19. Prior to the pandemic, the transport and storage GDP saw robust growth of around 6% y/y between 2016 and 2019. Steady positive growth was also recorded across subsectors. The ...View more details
In the fourth quarter of 2020, the air passenger traffic fell by 15.8% y/y to 137.2mn persons, mainly due to a decline in demand for international passenger. The international passenger traffic in Q4 2020 plummeted by 97.2% to 0.5mn ...View more details
Transportation and storage is an important sector for the Polish economy, accounting for 7.5% of GVA and 6.3% of total employment in 2019. Poland has a strategic location between Western and Central and Eastern Europe, and so plays a key ...View more details
The Emerging Europe region, as covered by the scope of this report, consists of Russia, Turkey, Emerging Europe, Romania, Czechia and Hungary. All of these countries are strategically important to transportation in the region, though ...View more details
The transportation sector in Latin America still faces the challenges of most developing countries: inadequate infrastructure; informality; lack of diversity and limited availability of intermodal services. According to the World Economic ...View more details
An integrated and strong transport infrastructure and services sector will create an environment conducive to economic growth. The benefits span across job creation, reduction in transport costs, improvement in the speed of doing business ...View more details
In the third quarter of 2020, China’s air transportation sector witnessed steady recovery as a result of containing the domestic coronavirus crisis. According to the Ministry of Transport (MOT), during Q3 2020 China’s ...View more details
While China is recapping its achievements at the end of the 13th Five-Year Plan (FYP) in 2020, it is also getting prepared to enter the next stage of development and at the same time dealing with the impact of the COVID-19 pandemic that abruptly ...View more details
The transportation sector accounts for 5.6% of the country’s GDP but its indirect contribution is much larger given its status as an enabler of faster economic growth. The road modal dominates with 44% of the total ...View more details
The Russian transportation sector generates about 6% of the country’s GDP but its indirect contribution is much larger, as economic opportunities are increasingly related to the mobility of people and freight, including information ...View more details