Industry Analysis & Industry Trends
The Integrated Logistics sector provides door-to-door transport, storage and distribution services. It includes transport operators such as trucking and railroad companies, storage facilities, freight forwarders, customs brokers and infrastructure operators. Over the five years through 2015-16, sector revenue is forecast to grow at a compound annual rate of 2.9%, to reach $101.4 billion. Rising demand from major markets has driven this growth. While there has been weakness in the manufacturing sector, the high Australian dollar over much of the past five-year period has resulted in significant growth in imported products, boosting the performance of wholesalers and requiring logistics operators to support the delivery of these goods... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Integrated Logistics sector is in the growth phase of its economic life cycle. Industry value added, which measures the sector's contribution to the overall economy, is forecast to grow at a compound annual rate of 3.3% over the 10 years through 2020-21. IVA is therefore expected to outperform real GDP growth over the same period, which is forecast to rise at a compound annual rate of 2.8%. Consequently, the contribution of the Integrated Logistics sector to the economy is increasing.
The rapid growth in technology, including radio-frequency identification (RFID), automatic picking and distribution systems and vehicle tracking and GPS locators, has helped break down the barriers between the various logistics functions... purchase to read more