Hungary freight deliveries down in Q4
Freight deliveries by Hungarian logistics companies fell 3.6% in the fourth quarter of 2011 from a year earlier in terms of freight-ton kilometers and fell 5.7% if measured in tons, the Central Statistics Office (KSH) said on Monday.
The number of freight-ton kilometers, at 12.092 billion, fell 3.6% yr/yr in the fourth quarter of 2011 after a 1.1% drop in the third quarter. Freight-ton kilometers rose 0.7% in 2011 as a whole after increasing 0.8% in 2010.
Hungarian companies carried 66.696 million tons of goods in Q4 2011, down 5.7% from the same period of 2011. Freight deliveries measured in tons fell 10.5% yr/yr in Q3 2011 after falling 7.6% in 2010. In the entire 2011, freight deliveries measured in tons were down 6.0%.
Domestic deliveries fell 11.3% in Q4 2011 to 42.021 million tons after dropping 16.0% in Q3 and dropping 14.3% in 2010. In the year 2011, domestic deliveries were down 11.1%.
International deliveries were up 5.6% in Q4 2011 at 24.676 million tons after rising 3.8% in Q3 2011 and 11.0% in the full year of 2010. In 2011 as a whole, international deliveries were up 5.2%.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.