Subscribe & Follow

Advertise your job vacancies

Freight transport income rises 11.2% y/y

19 Apr 2011

Income from freight transportation increased by 6.6 billion rand or 11.2% year on year (y/y) in February, Stats SA reported on Monday, 18 April 2011.

Freight transportation in this case excludes renting of trucks without drivers and in-house transportation.

The volume of goods transported increased by 3.8% in February y/y, while income from freight transportation for the three months ended February increased by 5.6% compared with the three months ended February 2010.

The 5.6% increase in income was driven mainly by primary mining and quarrying products, up 17.4% and contributing 5.2 percentage points.

Stats SA reported that income from passenger transportation increased by R648 million or 10.8% y/y in February.

Passenger transportation in this survey excluded minibus taxis, the Gautrain, metropolitan buses including the Bus Rapid System (brT) and the rental of private cars or buses.

Income from passenger transportation for the three months ended February increased by 14.5% compared with the three months ended February 2010.

The number of passengers for February decreased by 15.6% y/y.

The main contributor to the 14.5% increase was road passenger transportation, which contributed 16.1 percentage points.

This increase was counteracted by a decrease in railway passenger transportation, with a -1.6 percentage point contribution.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za