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 2014-15, sector revenue is forecast to grow at an annualised 4.2%, to reach $102.7 billion. Growing demand from major markets has driven this growth. In 2009-10, the sector's performance stagnated as the weak domestic economy caused retailers, wholesalers and manufacturers to cut orders of new stock and run down inventories. This resulted in a decline in imports and falling demand for trucking and warehouses. The sector has since recovered, with sector revenue expected to grow by 3.4% in 2014-15... 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 3.1% over the 10 years through 2019-20. This is higher than the projected GDP growth rate in Australia over the same period, with GDP forecast to rise at a compound annual rate of 2.7%. 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