http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.04Change: 0.08
R/$ = 12.05Change: 0.25
Au 1186.86 $/ozChange: 1.06
Pt 1142.00 $/ozChange: 1.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Mar 04, 2011

Transport firms more upbeat about prospects, global survey shows

Back
Port|Road|Logistics|Infrastructure
Port|Road|Logistics|Infrastructure
port|road|logistics|infrastructure
© Reuse this



The number of trans- port and logistics (T&L) industry CEOs upbeat about their companies’ prospects for revenue growth has jumped from last year’s 31% to 60%, according to PricewaterhouseCoopers’ (PwC’s) fourteenth annual global CEO survey.

South African CEOs also participated in this survey.

“This number is a very positive one,” says PwC T&L global industry leader Klaus-Dieter Ruske. “One reason for this is increased efficiency as companies cut costs during the economic crisis.”

Around 90% of CEOs report that they have implemented cost-reduction initiatives in the past 12 months.

Most CEOs expect growth to come primarily from emerging markets, with their expectations placed on Latin America, Asia and China.

More than 70% of CEOs say that they are changing their strategies to respond to the growth potential in emerging markets.

At least 60% of CEOs see growth in the African T&L market over the next 12 months, as they expect their customers to grow, says PwC T&L global business development and marketing’s Dr Peter Kauschke.

Another shift in the T&L market is that 40% of industry CEOs plan to complete a merger or acquisition in the coming 12 months.

In fact, 27% of CEOs see mergers and acquisitions as the main opportunity to grow their businesses in the next 12 months.

This could be because many companies now have cash on their balance sheets, following two years of preserving liquidity and improving efficiency.

A separate PwC analysis of the top ten global T&L companies shows that the average amount of cash available on balance sheets in the third quarter of 2012 was nearly $3-billion, up from an average of $2-billion five years ago.

T&L CEOs are also signifi- cantly less concerned about protectionism in 2011, and only 37% have expressed concern, compared with 66% last year.

When it comes to infrastructure, T&L CEOs see quite a shift in strategy ahead as current investments into transport infrastructure are viewed as insufficient to close all bottlenecks.

“If you look globally, $41- trillion is needed over the next 20 years to build and maintain the [global] infra- structure network. We see insufficient development of transport infrastructure. We think only $20-trillion will be spent,” notes Ruske.

He says government is not able to fund this backlog and that more of the responsi- bility for new infrastructure will shift towards the private sector. However, this will promote the argument for road tolls and congestion charges, which will have a cost impact on the T&L industry.

It is then also perhaps no surprise that 50% of T&L CEOs indicate that they are worried that inadequate infrastructure could prove a threat to growth.

Edited by: Martin Zhuwakinyu
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other News This Week News
Projected capital expenditure (capex) in the South African automotive assembly industry should reach a record R7.48-billion this year, says the National Association of Automobile Manufacturers of South Africa (Naamsa) in its 2014 fourth quarter business review. Capex...
RESOURCEFUL The raw material for the pilot plant would be supplied from the dissolving wood pulp plants at Sappi’s Saiccor and Ngodwana mills, in South Africa, and the Cloquet mill, in the US
South African paper and pulp producer Sappi reported earlier this month that it would build a pilot plant for the production of low-cost Cellulose NanoFibrils, or CNF (nanocellulose) at the Brightlands Chemelot Campus in Sittard-Geleen in the Netherlands.
More
 
 
Latest News
Updated 48 minutes ago State-owned South African Airways’ (SAA) had its first flight to Abu Dhabi on Sunday. The flight formed part of a codeshare partnership with Etihad Airways and would see SAA’s intercontinental reach expand. The daily service would see frequencies between Johannesburg...
Updated 1 hour 27 minutes ago There are no scheduled power outages for Monday, Eskom said. Spokesperson Khulu Phasiwe said Eskom expected the power grid to remain "moderate" throughout the day.
Deputy Minister in the Presidency Buti Manamela
Updated 1 hour 39 minutes ago A National Consultative Conference to discuss the draft National Youth Policy 2015-2020 (NYP2020) got under way in Johannesburg on Sunday. The two day conference is being attended by young people from around the country and nationally organised youth structures. lts...
More
 
 
Recent Research Reports
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
 
 
 
 
 
This Week's Magazine
Projected capital expenditure (capex) in the South African automotive assembly industry should reach a record R7.48-billion this year, says the National Association of Automobile Manufacturers of South Africa (Naamsa) in its 2014 fourth quarter business review. Capex...
After several years of navigating project-threatening red tape and currency fluctuations, the 4.4 MW Bronkhorstspruit biogas power plant, which will supply clean energy to a leading automotive manufacturer in Gauteng, is expected to enter production before June....
RESOURCEFUL The raw material for the pilot plant would be supplied from the dissolving wood pulp plants at Sappi’s Saiccor and Ngodwana mills, in South Africa, and the Cloquet mill, in the US
South African paper and pulp producer Sappi reported earlier this month that it would build a pilot plant for the production of low-cost Cellulose NanoFibrils, or CNF (nanocellulose) at the Brightlands Chemelot Campus in Sittard-Geleen in the Netherlands.
The long-term outlook for Nigeria is a country that has the potential to be very strong. So affirmed International Monetary Fund (IMF) Nigeria Mission Chief and Senior Resident Representative Dr Gene Leon on recently. "But we are starting from a point of huge...
Poor infrastructure planning and inadequate maintenance are becoming increasingly problematic for new developments and the associated infrastructure required to support such developments. In many urban and rural municipalities, the state of infrastructure has been...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96