Industry Analysis & Industry Trends
Freight forwarders purchase space on freight transport services in bulk, which they resell in smaller quantities to clients. The Road Freight Forwarding industry's major value-add is the consolidation of loads from multiple clients to use transport space efficiently. Through this service, clients gain access to cheaper freight rates than they could obtain individually, while industry operators receive a small commission. Industry revenue is expected to contract by an annualised 0.6% over the five years through 2016-17, due to the high level of competition and changes to the industry's structure. The industry's performance is expected to weaken further in 2016-17, with revenue anticipated to fall by 1.9%, to $2.4 billion... purchase to read more
Industry Report - Industry Locations Chapter
Demand for road freight forwarding stems mainly from retail, wholesaling and manufacturing businesses. Road freight forwarding enterprises therefore tend to follow a similar geographic distribution to these industries. New South Wales has the highest concentration of industry establishments, followed by Victoria. Population densities drive the distribution of enterprises, as the eastern seaboard states hold the largest portions of Australia’s population. This high population density attracts a greater number of downstream industry establishments and ultimately freight forwarders.
New South Wales accounts for the largest share of Australia’s road freight tonne-kilometres... purchase to read more