Industry Analysis & Industry Trends
The Rail Freight Transport industry has grown strongly over the past five years, driven by increased downstream demand from mining as exports of coal and iron ore have risen. Industry profitability is strongest when heavy commodities are carried over long distances, as this leverages the economies of scale and fuel efficiency of rail transport. Over the past five years, the bulk freight segment has strengthened, as the mining sector shifted from a boom in prices to a boom in output. Industry revenue is therefore forecast to rise at a compound annual rate of 4.4% over the five years through 2015-16, to reach $8.2 billion. A substantial fall in the world price of iron ore in 2014-15 is projected to slow industry growth to 2.9% in 2015-16... purchase to read more
Industry Report - Industry Products Chapter
The main areas of industry activity are segmented according to the type of freight being transported: bulk and non-bulk. Australia is home to a range of dedicated railways servicing the Mining division and the Agriculture subdivision. These railways were built to move tradeable output to port as directly and quickly as possible. Interstate connections to facilitate trade were built later than export-orientated railways and still play a smaller role than dedicated bulk railways.
Bulk freight transport
Bulk freight transport involves moving homogeneous goods in custom wagons. These wagons are designed to maximise volumes carried rather than ease transhipment. Typical bulk commodities transported by the industry include coal, metalliferous minerals and grain... purchase to read more