COMCEC Transport and Communications
Outlook 2019
4
Table 1: Notable developments and trends in transport industry
Transport Mode Notable challenges and trends
Transport in general Increasing international trade
Lack of national policy frameworks
Lack of assured public funding
Need for increased private-sector investments
Aging infrastructure
Environmental effects of transportation
Deregulation and privatization
Oil dependency
Terrorism and security concerns
Maritime transport Containerization
Increasing vessel sizes
Rise of international and regional hub ports
Operations of major ports by major shipping lines
Trade with China
Global crisis
Increase of LNG and LPG trade
Air transport Airline alliances
Inclusion of aviation into EU ETS
Airport privatizations and rise of global airport companies
Air cargo: fast, reliable, and cheaper than before
Rise of low cost carriers
Mergers and acquisitions
Fall of state-owned airlines
Road transport Increasing greenhouse gas emissions
Congestion in big cities
Emphasis on road safety
Car dependency
Rail transport Deregulation of rail industry
Implementation of high-speed railway network
Multimodal trade corridors through rail network