Industry Analysis & Industry Trends
Infrastructure investment has fuelled growth in the Rail Freight Transport industry, as demand for bulk transport has grown. Industry revenue is expected to increase by an annualised 4.0% over the five years through 2014-15. Increased downstream demand from mining has driven this growth, as exports of coal and iron ore have risen. While revenue growth has been generally solid, the flooding of coalmines in Queensland during 2010-11 and falling demand from some mining customers in 2013-14 affected the industry's performance during those years. In 2014-15, revenue is projected to grow by 2.8% to $7.6 billion.
Historically, the industry was owned and run by state governments, with a primary focus on transporting resources to ports for export... purchase to read more
Industry Report - Industry Analysis Chapter
The Rail Freight Transport industry primarily moves large quantities of heavy products over long distances. This bulk freight service usually carries homogeneous products such as coal, iron ore or grain. The industry also carries non-bulk freight, such as containerised goods. However, this segment faces strong competition from road freight operators. Over the past five years, bulk freight services have grown strongly, dominating the industry due to the significant economies of scale and the prevalence of direct routes to ports. Industry revenue is projected to grow by 2.8% to reach $7.6 billion in 2014-15, supported by high demand for bulk freight transport. Over the five years through 2014-15, revenue is expected to grow at a compound annual 4.0%... purchase to read more