Recent Trade News
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Reduced Inspection Frequencies For Meat Imported From Australia And New Zealand
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Reminder On SFCR Requirements For The Manufactured Food Sector
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Safe Food For Canadians Regulations (SFCR) Requirement For The Manufactured Food Commodities
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International Freight Transport to Quadruple by 2050
By Julia Kuzeljevich, Canadian Shipper Feb 03, 2015
The ITF Transport Outlook 2015 was released at a media briefing in Paris today. It presents long-term projections for future demand of passenger as well as freight transport and this year focuses on two key messages: shifting trade patterns increase transport distances by 12%, and the North Pacific surpasses the North Atlantic as a main trading route.
In the face of shifting global trade patterns, international freight transport volumes will grow more than fourfold (factor 4.3) by 2050, while average transport distance across all modes will increase 12%.
As a result, CO2 emissions from freight transport will grow by 290% by 2050. Freight will replace passenger traffic as main source of CO2 emissions from surface transport.
The North Pacific route will surpass the North Atlantic as the world’s most busy trading corridor in terms of freight volume (in tonne-km), growing 100 percentage points faster than the North Atlantic. The Indian Ocean corridor will see large growth, with freight volume quadrupling.
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