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.
In the first quarter of 2020, China’s air transportation sector was severely hit by the coronavirus outbreak starting in January 2020, when the first cases were announced in China. It happened just days before the Chinese New Year holiday, when ...
View more detailsIn the fourth quarter of 2019, China’s air transportation sector witnessed an overall positive performance on the back of the stable air passenger travel demand and the positive developments in the US-China trade war negotiations, which drove ...
View more detailsIn the third quarter of 2019, China’s air transportation sector continued to suffer from the temporary grounding of all 96 of China’s Boeing 737 MAX 8 aircraft after Ethiopia crash in March 2019. The aircraft grounding is expected to last ...
View more detailsThe transportation sector in Africa has high potential for growth. The world’s second largest continent accounts for 20% of the world’s land area and its fast-growing population reached 1.3bn in 2018, or 16.9% of the global population. ...
View more detailsChina’s aviation sector is of key importance to the national economy, reflecting its increasing level of modernisation and robust growth. China’s vast territory and its geographical location assign the aviation sector a role that other ...
View more detailsChina’s transportation sector is almost entirely dominated by state-owned corporations, as its development is viewed as a major driver for the country’s economic growth. The transportation sector saw remarkable improvements in the past ...
View more detailsIndonesia’s transportation sector plays an important role in the economic development of the archipelago country, which consists of more than 17,000 islands. The transportation and storage sector contributed 5.4% of GDP at current prices in ...
View more detailsThe performance of the Colombian transportation sector is closely linked to the country’s overall economic situation. After remaining flat in 2016, the GVA of the transportation sector gradually accelerated, reaching a 4.1% y/y expansion in Q1 ...
View more detailsDuring the first quarter of 2019, there was an improvement in the currency exchange rate and oil prices, which had a positive effect on the air transportation sector in China. Demand remained strong, while the temporary grounding of all 96 of ...
View more detailsTransportation infrastructure and services are enablers of economic growth that Thailand has worked hard to enhance since a military-backed government came to power in the wake of a coup in 2014. Transportation and storage GVA accounted to 5.8% of ...
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