Industry Analysis & Industry Trends
The Road Freight Transport industry dominates the Australian market for non-bulk freight, leveraging advantages in price, speed, convenience and reliability. The industry's largest vehicles transport goods between and across states, competing successfully with the rail freight, water freight and airfreight industries. Within cities, light commercial vehicles are the dominant form of transport for the ‘last mile' of delivery. The industry's major markets are diversified across the entire economy and demand for road freight transport services is a lead indicator for changes in economic growth. Businesses hold less stock prior to an economic downturn, and for a period afterwards, which reduces demand for the transport of goods... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Road Freight Transport industry displays a low market share concentration, with the four largest players accounting for less than 15% of industry revenue in 2014-15. Concentration varies among markets and product segments according to the type of product hauled, geographic location and the type of equipment used.
While market share concentration is low, market power in the industry is highly concentrated. The major companies have significant market power through the whole supply chain and in infrastructure ownership, despite their relatively low market shares. Significantly, their market concentration tends to increase when industry revenue growth slows, as in 2008-09 and 2009-10... purchase to read more