FINANCIAL NEWS

Report: UAE cargo volumes on the rise

07 Sep 2010

(MENAFN) Cargo volumes will continue to rise in the UAE over the next five years, although growth rates will be placed in jeopardy by the threat of a global slowdown is H210 and into 2011, Business Monitor International reported.

The assessment was published last month in the research company�s UAE Freight Transport Report Q4 2010, which predicted that maritime freight will outpace the growth of airfreight over the 2010-2014 period.

The country is experiencing a recovery in its overall trade, after the declines of 2008/2009.

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