Industry Analysis & Industry Trends
The Courier Pick-up and Delivery Services industry transports items weighing less than 30 kilograms from one destination to another, connecting businesses to their clients, and consumers to each other. All sectors of the economy demand services from the industry. However, over the past five years, the performance of the retail and mining segments of the economy has significantly influenced the industry. While Mining division growth had strengthened the industry over the past decade, declines in mining capital expenditure since 2013-14 have reduced demand from this segment. Additionally, Australia Post's complete acquisition of StarTrack Express has moved StarTrack's operations into the Postal Services industry... 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 the 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