Transport - IBR 2010 sector report
Transport - IBR 2010 sector report
The transport sector has suffered more than many in the economic downturn with rising fuel prices impacting on costs and reduced levels of private consumption impacting on demand for consumer goods and holidays. Conditions in the transport sector are expected to remain tough in the short term as businesses continue to grapple with rising fuel prices, the slow recovery in private consumption and increased environmental regulations. It is estimated that global transport market have declined by a staggering 20% over the course of 2009.
Sixth in the series of IBR 2010 sector focus report, the report covers the IBR results as well as the views from two businesses within the sector who shared their thoughts and experiences over the past 12 months, along with their plans and expectations for the future of the sector. The report is also enhanced with the contributions from sector experts from around the global organisation.