Saudi Arabia Freight Transport Report Q3 2014

  • July 2014
  • -
  • Business Monitor International
  • -
  • 108 pages

Includes 3 FREE quarterly updatesThe outlook for the Saudi Arabian freight transport sector is broadly upbeat. Although some ports saw a contraction in either gross tonnage or container handling - or both - in 2013, 2014 will see most of these facilities return to growth. It should also be noted that the 2013 contraction followed extraordinary growth in 2012 as the government stimulus package made itself felt. We believe that growth at Saudi Arabian ports will remain strong over the medium term and the construction of new facilities, while potentially impacting on some existing ports like the Jeddah Islamic Port, will serve to strengthen the sector further.

The other freight modes are also set for strong growth, with air freight performing well with the help of national carrier Saudia, and the country's rail freight sector expanding at an impressive rate. Specific investments in expanding maritime facilities, and in projects such as the Saudi Landbridge and the north-south railway, coupled with strong economic growth on the back of large oil receipts, will continue to boost freight volumes over the medium and long term.

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Saudi Arabia Freight Transport Report Q3 2014

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