BCG: container traffic growth rate to double

According to the Boston Consulting Group's data, the container traffic industry is going through hard times due to the downturn in global trade, but it maintains its growth potential. Ulrik Sanders, BCG Senior Partner and one of the authors of the report, said: "In 2015 the growth in demand for container transportation for the first time in the history was behind the growth of world GDP". Gregory Rubin, Partner and Managing Director of the Moscow office at the Boston Consulting Group highlights: "According to our estimates, the Russian macro-economic factors such as decrease in the rate of GDP growth from 0.4% in 2014 to -3.7% in 2015 and the ruble devaluation had a significant impact on reduction of the volume of Asian import." Authors of the report suggest measures that will contribute to increasing efficiency of container transportation.