Industry Analysis & Industry Trends
Road freight transportation provides services to virtually all parts of the modern economy. The industry experienced solid growth in the past five years as the Chinese economy developed strongly. Industry revenue is expected to total $50 billion in 2011, up 15.7% from 2010. It is estimated there are over 61,000 operators providing road transportation services across the country, with total employment of more than 1.25 million people. The Road Transportation of Freight industry benefited from the strong economy, with annualized real revenue growth of 13.4% in the five years to 2011 to reach a forecast $50 billion.... purchase to read more
Industry Report - Industry Locations Chapter
Road transportation is the most common transport method used in China. The intensity of road freight transportation activities is mainly determined by availability of road infrastructure, richness in primary resources, development level of manufacturing industries and competition from other transport methods.
East China demands a large proportion of road freight services in China. Shandong, Jiangsu, Liaoning and Zhejiang provinces are expected to jointly account for 25.9% of road freight volume in China in 2011. With strong manufacturing industries, a highly developed highway system and large populations, road freight transportation has been growing rapidly in coastal areas in the past decade... purchase to read more