New Market Report Now Available: Singapore Freight Transport Report Q2 2014
Singapore's role as a global transhipment hub is both its blessing and its curse. In times such as these, when key markets in Europe and the US are either recessionary or growing sluggishly, it can be hit by depleted freight volumes. In 2014 we forecast growth in both port and airport total tonnage volumes, albeit it will be sluggish. Both facilities are investing considerably, and we are confident of growth over the medium and long term.
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