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 third quarter of 2020, China’s air transportation sector witnessed steady recovery as a result of containing the domestic coronavirus crisis. According to the Ministry of Transport (MOT), during Q3 2020 China’s ...View more details
While China is recapping its achievements at the end of the 13th Five-Year Plan (FYP) in 2020, it is also getting prepared to enter the next stage of development and at the same time dealing with the impact of the COVID-19 pandemic that abruptly ...View more details
The transportation sector accounts for 5.6% of the country’s GDP but its indirect contribution is much larger given its status as an enabler of faster economic growth. The road modal dominates with 44% of the total ...View more details
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 ...View more details
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% ...View more details
China’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 achieved remarkable improvements ...View more details
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 ...View more details
The Philippines has an inter-modal transportation system and the transportation sector accounted for 3.9% of national GDP in 2019. The main sector performance indicators showed y/y growth in 2019, with the exception ...View more details