Decomposing the 'Transportation and Storage' sector

Do we have a shortage of Transportation and Storage businesses?

There is strong firm creation in Transportation and Storage according to our latest September data. We observe an increase in the daily new registrations across the sector. If we decompose the business registrations on a 4-digit level, we note that freight transport has increased significantly the last two months. In particular, we note a big increase in firms created in “Freight transport by road”.

The following interactive chart shows how many companies are registered monthly by 4-digit class in Transportation and Storage.

Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 20210500100015002000250030003500
Transport via pipelineTaxi operationSpace transportService activities incidental to water transportationService activities incidental to air transportationSea and coastal passenger water transportSea and coastal freight water transportRemoval servicesPostal activities under universal service obligationPassenger rail transport, interurbanOther transportation support activitiesOther passenger land transport n.e.c.Inland passenger water transportInland freight water transportFreight transport by roadFreight rail transportFreight air transportMonthly Company Registrations since January 2019monthRegistrations

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Yannis Galanakis
Yannis Galanakis
Postdoctoral Research Associate

Yannis' research interests include Labour and Applied Economics.