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Follow on Google News | Recently released market study: Israel Freight Transport Report Q1 2011New Transportation market report from Business Monitor International: "Israel Freight Transport Report Q1 2011"
Zim Integrated Shipping Services was badly hit by the economic crisis in 2009 suffering a loss of US$186mn in Q209, which turned into a net profit of US$3mn in the same period in 2010. Zim's revenues in Q210 increased by 72% year-on-year (y-o-y), reaching US$933mn. Zim capitalised on this reversal of fortunes by launching new services to emerging markets in Asia such as Vietnam. El Al Israel Airlines posted a 245% increase in its third quarter net profit as passenger and cargo revenue rose. Net profit in the quarter increased to US$42.5mn from US$12.3mn a year earlier. Revenue rose 13% to US$561.2mn on higher passenger traffic and an increased yield per passenger per kilometre. Cargo revenue grew 34%. Net profit was also boosted by a decline in financing expenses. In 2009, El Al was hit by the global financial crisis, a moribund cargo market and lower fares. BMI is predicting real growth in total trade of 8.8% for 2010 and export growth of 10%. The main port of Haifa is expected to have growth of 5.5%, while Ashdod will spring back with 24.7% growth. Airfreight is expected to recover with a 13.9% growth rate. This is solid progress compared with the contraction of - 17.6% for airfreight in 2009 and a fall of throughput of -12.7% at Haifa and -5.9% at Ashod. The main risk to this recovery is that four of Israel's main trading partners are in the euro zone and an increased economic crisis in these countries would badly hurt Israel's recovery. For more information or to purchase this report, go to: - http://www.fastmr.com/ Report Table of Contents: Executive Summary SWOT Analysis - Israel Freight Transport Industry SWOT - Israel Political SWOT - Israel Economic SWOT - Israel Business Environment SWOT Market Overview Industry Trends And Developments - Logistics - Air - Maritime - Rail - Road Global Oil Products Price Outlook - Table: Oil Product Price Assumptions 2010 (US$/BBL) - Table: Oil Product Price Forecasts (US$/BBL) Industry Forecast - Air Freight - Table: Air Freight, 2007-2015 - Maritime Freight - Table: Maritime Freight, 2007-2015 - Rail Freight - Table: Rail Freight, 2007-2015 - Trade - Table: Trade Overview, 2007-2015 - Table: Key Trade Indicators, 2007-2015 - Table: Main Import Partners, 2002-2008 - Table: Main Export Partners, 2002-2008 Company Profiles - El Al Israel Airlines - Zim Integrated Shipping BMI Methodology - How We Generate Our Industry Forecasts - Transport Industry - Sources About Business Monitor International Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. # # # Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. End
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