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 2013-14, sector revenue is forecast to grow by an annualised rate of 3.8%, to reach $101.3 billion. The recovery of demand from major markets has driven the lift in sector performance over this period. In the base year, 2008-09, sector performance stagnated as the global financial crisis and a slower 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... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The sector's industry value added (IVA), which measures the sector's contribution to the overall economy, is forecast to grow at a compound annual rate of 3.5% over the 10 years through 2018-19. 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 2.5%. Consequently, the Integrated Logistics sector in Australia will contribute a larger share to the economy in 2018-19 compared with 2008-09.
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