15 May, 2018 Resources

Different transport sectors are moving in different directions

Download the Document

Transport Sector Risk Report

The recent trend has been for a sustained drop in prices being paid for transport around the world. But strong demand for air transport, which grew by 4% in 2017, is the big story in global transport. It’s a symptom of the general economic recovery, and in particular of the rise of the middle class in Asia, along with falling ticket prices (they have halved over the past 20 years in real terms).

 

Coface Regional Sector Risk Assessment

Contrast this with the roads sector, which varies wildly from region to region, and the cargo sector where overcapacity is the current problem.

Coface projects continuing growth in demand for transport in 2018, with the rail, road and maritime sectors thriving. Western European road transport is benefiting from historically low fuel costs. However, Latin America will continue to be hit by the underdeveloped infrastructure, increasing freight costs and putting a brake on demand.

The simple truth about the transport industry is that it very susceptible to external factors, from oil prices to weather and economic conditions. Coface credit insurance, and our constant flow of industry intelligence add up to essential protection for your business.

Want to know how Coface can help your business know more and grow more?

Get in touch About us

Related resources

Resources

German Corporate Payment Survey 2020

German companies want to cash in as early as possible, according to the fourth edition of Coface’s survey on corporate payment experience in Germany, conducted in July and early-August 2020.

16 September, 2020

View Resource
Resources

Global renewable energies: continued rise despite the COVID-19 pandemic

In this context, integrating renewables into the grid is no longer optional for governments worldwide, in both advanced and emerging economies – even if they face strong headwinds in some regions.

09 September, 2020

View Resource
Resources

The Netherlands Corporate Payment Survey 2020

This study is the very first Coface survey on corporate payment experience in the Netherlands. Originally, this survey had been conducted between February and early-March 2020 (the first quarter of 2020, Q1 2020), with 301

02 September, 2020

View Resource

SEE OUR NEWS HUB FOR MORE INFO

Keep your finger on the pulse with CofaNews

Sign up to CofaNews for the latest industry and economic news, exclusive invites and lots more.