Industry Report Card: Asia-Pacific Transportation Companies: Stories Differ, But Fuel Prices And Economic Uncertainties Are Common Hurdles Aug 11

  • ID: 1885765
  • August 2011
  • Standard & Poors
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  • Asciano Ltd.
  • Brambles Ltd.
  • China Qinfa Group Ltd.
  • First Ship Lease Trust
  • Korea Railroad Corp.
  • MTR Corp. Ltd.
  • MORE

The financial performance of transportation companies in the Asia-Pacific region continued its gradual improvement into mid 2011 largely due to improved macroeconomic conditions. Standard & Poor's Ratings Services, however, believes that higher fuel prices, which have been rising since late 2010, and the growing economic uncertainties of the past two months have cast a shadow on the sustainability of the recovery and growth that we have seen so far in the industry. As expected, some of the sectors that the global financial crisis affected the most, especially airlines and container shipping, recovered faster amid the economic growth of the past year. In addition to high fuel prices and economic uncertainties, other factors, mainly overcapacity, will continue to hinder the recovery...

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- MTR Corp. Ltd.
- Qantas Airways Ltd.
- East Japan Railway Co.
- Kowloon-Canton Railway Corp.
- Kawasaki Kisen Kaisha Ltd.
- SMRT Corp. Ltd.
- MISC Bhd.
- Kowloon Motor Bus Co. (1933) Ltd.
- Brambles Ltd.
- Wan Hai Lines Ltd.
- Singapore Post Ltd.
- PT Arpeni Pratama Ocean Line Tbk.
- Korea Railroad Corp.
- PT Berlian Laju Tanker Tbk.
- BW Group Ltd.
- Hyundai Glovis Co. Ltd.
- First Ship Lease Trust
- Asciano Ltd.
- Aurizon Holdings Ltd.
- Winsway Enterprises Holdings Ltd.
- China Qinfa Group Ltd.

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