Q3 freight sector performance still below pre-COVID levels
The performance of the freight transport sector in Hungary edged up 0.3% year-on-year from a low base to 13.1 bln freight tonne-kilometers in the third quarter of 2021 but was still 10.1% behind its level in the same period of 2019, data released by the Central Statistical Office (KSH) show.
Performance increased 14% in domestic freight transport and declined 6.1% in international transport.
Freight volume rose 6.6% to 80 million tonnes. Domestic freight volume was 56 million tonnes and foreign freight volume came to 23 million tonnes.
Freight delivered by road accounted for 73% of the total, rail cargo for 16% and pipeline volume for 9%. Waterway freight made up 3%.
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.