Industry Analysis & Industry Trends
The Road Freight Transport industry dominates the Australian non-bulk freight market, leveraging advantages in price, speed, convenience and reliability. The industry's largest vehicles transport goods between and across states, competing successfully with rail, water and air freight industries. In cities, light commercial vehicles are the dominant form of transport for the final stage of delivery. The industry's major markets span 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 and following economic downturns, which reduces demand for transporting goods.
Industry revenue is forecast to grow at a compound annual rate of 2.8% over the five years through 2015-16, to reach $40.1... purchase to read more
Industry Report - Industry Products Chapter
The major products and services offered by the industry are categorised primarily by route: intrastate, interstate and urban. The industry is mobile, so operators respond quickly to changes in demand from different segments. However, the types of vehicles involved in certain routes, combined with infrastructure limitations, can restrict mobility.
Intrastate transport providers offer road freight services within a state. This excludes transport within capital cities but includes routes between capital cities and regional areas. The large distances involved mean that larger articulated and rigid trucks provide many of these services... purchase to read more