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.
Brazil's transportation, warehousing and postal services reported a CAGR of 3.3% in value added over the 2014-2019 period. Sector growth stood below overall economic activity, which posted a CAGR of 4.7% in current prices over the same period. ...
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Transportation services and infrastructure are a powerful enabler of economic growth in India. Rail and road dominate passenger carrying services. Freight carrying within India is done mostly by road and rail, while foreign trade is dominated by ...
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Malaysia’s transport and storage GDP recorded robust growth in 2019 despite the slower overall economic activities. Main sector performance indicators showed positive and healthy growth in 2019, except for rail passenger volume and air cargo ...
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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 ...
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In 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 ...
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In 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 ...
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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 ...
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The performance of the Colombian transportation sector is closely linked to the country’s overall economic situation. After the stagnation witnessed in 2016, the GVA of the transportation sector gradually accelerated, rising by 4.2% ...
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The 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. ...
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China’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 ...
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