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 around 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. Leading into an economic downturn and for a period afterwards, businesses hold less stock, reducing demand for the transport of goods... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Road Freight Transport industry displays a low concentration in revenue, with the four largest players contributing less than 15% of industry revenue in 2013-14. Concentration varies between 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 2009-10... purchase to read more