Industry Analysis & Industry Trends
Freight forwarders purchase space on freight transport services in bulk, which they then onsell in smaller quantities to clients. The industry's major value-add 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, while operators receive a small commission. Over the five years through 2014-15, industry revenue is expected to rise modestly by an annualised 0.7%. The industry's performance is expected to be more positive in 2014-15, with revenue forecast to grow by 1.8% to reach $2.3 billion... purchase to read more
Industry Report - Industry Locations Chapter
Demand for road freight forwarding stems mainly from retail, wholesaling and manufacturing businesses. As a result, road freight forwarding establishments tend to follow a similar distribution to these industries. New South Wales has the highest concentration of establishments followed by Victoria and Queensland. This distribution is driven by the population spread across the nation, with the eastern seaboard states holding the largest share of the population. This high population density attracts a greater number of downstream industry establishments and ultimately freight forwarders.
New South Wales accounts for about the largest share of Australia's road freight tonne-kilometres... purchase to read more