Belgium's land freight modes expected to recover in 2011 after three years of decline, with steady trajectory likely through 2015, forecasts BMI

Liling Tan

Liling Tan

DUBLIN , September 30, 2011 (press release) – Research and Markets(http://www.researchandmarkets.com/research/dac7cb/belgium_freight_tr) has announced the addition of the "Belgium Freight Transport Report Q4 2011" report to their offering.

The port of Antwerp's dredging project has enabled the port to handle much larger vessel catering for large bulk carriers and 13,000TEU container ships. A major trend in the global shipping sector is to develop mega vessels in order to cut fuel, time and crewing costs and ports in our view must keep up or else they will soon lose out to their neighbours who are prepared to dredge deeper and expand their facilities to meet their client's needs.

Full Steam Ahead For Asia-Europe Rail Connection Belgium is no longer just connected to China by ship and plane the country is now linked by rail across 10,000km. The drive to link China with Europe is a trend in evidence across Europe, with Russian transport firms the major benefiters. Rail is quicker then ship and therefore offers a quicker logistics option.

Belgium's land freight modes (road, rail and inland waterway) are due to start their recovery in 2011 after three consecutive years of decline. The recovery will be steady and will be completed over BMI's medium term forecast period, to 2015. Belgium is a highly developed freight transport market and so there are fewer areas for expansion compared with freight transport markets in emerging states.

On land, Belgium's freight transport sector is dominated by the road haulage sector, with the mode projected by BMI to account for 65.9% of Belgium's total freight transported. This is set to continue over the medium term, although we highlight the push by the EU to move freight from road onto other modes. Both rail and inland waterway stand to benefit from this, with BMI highlighting the massive potential of Belgium's inland waterways to play a greater role in the country's freight transport mix.


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