Belgium's land freight modes expected to recover in 2011 after three years of decline, with steady trajectory likely through 2015, forecasts BMI
September 30, 2011
– 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.
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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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