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 SWOT Analysis Chapter
The industry is currently in the growth phase of its economic life cycle. Industry value added, which measures the industry's contribution to the overall economy, is forecast to grow at a compound annual rate of 4.3% over the 10 years through 2019-20. This is a higher rate than GDP growth in Australia over the same period, which is projected to rise at a compound annual rate of 2.7%. This means the Rail Freight Transport industry will contribute a larger share of the overall economy in 2019-20 than it did in 2009-10.
The separation of rail-track infrastructure (below rail) and the provision of rail services (above rail) has opened the industry up to increased competition and encouraged growth... purchase to read more