Industry Analysis & Industry Trends
Due to the global financial crisis and China's weaker economy in 2009, international trade volumes fell and domestic economic activities also slowed. This negatively affected industry revenue growth in 2009 with a fall of 5%. Higher industry revenue growth in 2010 was estimated to be due to the improving domestic and global economies, and rebounding foreign trade volumes. Revenue of the Harbor and Port Operations for Freight Transportation industry in China is expected to total $39.4 billion by the end of 2011, up 10% from 2010. Over the past five years, industry revenue is forecast to grow by 6.3% per year.
There are estimated to be about 793 harbor and port operators in the industry during 2011, with about 36,839 establishments.... purchase to read more
Industry Report - Industry Products Chapter
Handling services refers to loading and unloading freight by operators in harbors and ports, and is the industry's major service, accounting for about 89% of industry revenue in 2011. This service unloads freight from trains or trucks, and loads the freight onto ships, and vice versa. The share of this service segment is expected to remain high and steady in the future.
Stacking services refers to storing freight orderly in the port, temporarily. As not all freight can be further transported just after arriving at harbors and ports, freight sometimes needs to be stored temporarily. A large storage capacity greatly supports harbor and port operations... purchase to read more