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Income from freight volumes up in July

According to a research group Statistics South Africa report, South African income from freight transport in July increased by 8.5% compared with July 2010 to R7 billion (US$1 billion). The volume of goods transported in the month increased by 4.3% year on year.

30 Sep 2011

The year-on-year increase of 12.2% in income from freight transportation was driven largely by primary mining and quarrying products (25.1% and contributing 7.6 percentage points), followed by manufactured food, beverages and tobacco products (11.9% and contributing 1.7 percentage points) and containers (19.8% and contributing 1.0 percentage point).

The main contributor to the year-on-year increase of 11.7% was road passenger transportation (10.4% and contributing 8.3% percentage points), followed by railway passenger transportation (16.8% and contributing 3.5 percentage points).

Read more on www.ifw-net.com.
Read more on www.businesslive.co.za.

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