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Road Freight Forwarding in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Road Freight Forwarding Market Research Report | ANZSIC I5292a | May 2014

On the road again: Higher freight traffic lifts demand and supports industry growth

IBISWorld’s Road Freight Forwarding market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
-0.9%
Annual Growth 14-19
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Profit
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Employment
7,138
Businesses
464
Industry Analysis & Industry Trends

Freight forwarders purchase space on freight transport services in bulk, which they then onsell in smaller quantities to clients. The distinguishing feature of their activities is the consolidation of loads from multiple clients to use transport space as efficiently as possible. Through this service, clients gain access to cheaper freight rates than they could achieve individually. Road freight forwarders receive a commission for their service. Over the five years through 2013-14, industry revenue is forecast to decline by an annualised 0.9%. The industry's performance is expected to be more positive in 2013-14, with revenue forecast to grow by 2.7% to reach $2.3 billion... purchase to read more

Industry Report - Industry Analysis Chapter

The Road Freight Forwarding industry facilitates road transportation for a variety of goods and is diversified across much of the economy. Major industry clients include manufacturers, wholesalers, retailers and the Agriculture subdivision. The industry's core value added service is the consolidation of small loads from different clients into large loads, thereby using space more efficiently. Over the five years through 2013-14, industry revenue is forecast to decline at a compound annual rate of 0.9%. This performance includes forecast growth of 2.7% for the current year, to total $2.3 billion. The roots of this annualised decline lie with the increasing level of competition, which is pushing revenue lower, with freight rate movements playing a secondary role... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Road Freight Forwarding Industry?

Road freight forwarders are mainly engaged in organising transport services and consolidating goods for transport. Consolidating loads allows road freight forwarders to achieve and pass on rates that their customers would be unable to achieve alone. Road freight forwarders do not provide underlying transport services.

Industry Products
General freight servicesExpress freight servicesWarehousing and distribution servicesFreight consolidation
 
Industry Activities
Freight forwarding by road for express deliveriesFreight forwarding by road for general freight


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