Industry Analysis & Industry Trends
The Courier Pick-up and Delivery Services industry provides door-to-door delivery services connecting businesses to their clients, and consumers to each other. The industry is exposed to demand from all sectors of the economy. However, over the past five years, activity in two segments (retail and mining) has significantly influenced industry performance. Growth in the Mining division strengthened the industry over the past decade, but recent declines in mining capital expenditure have reduced demand from this part of the economy. Additionally, the complete acquisition of StarTrack Express by Australia Post has moved StarTrack's operations into the Postal Services industry. These trends are expected to contribute to a forecast fall in industry revenue by 0.7%... purchase to read more
Industry Report - Starting a New Business Chapter
The industry is characterised by low barriers to entry. In theory, anyone with a vehicle and communication equipment such as a mobile phone can operate a business. Major players subcontract work to such operators, although small operators suffer from a lack of bargaining power and are usually price-takers.
The highly competitive nature of the business is a barrier to entry for profitable operations. The critical mass in this industry is about five to 10 vehicles. For participants to expand beyond this point, a significant investment in technology and radio equipment is necessary. Considerable investment in technology is needed to automate systems and provide clients with up to date information about their consignments... purchase to read more