Industry Analysis & Industry Trends
The Road Freight Transport industry dominates the Australian non-bulk freight market, leveraging advantages in price, speed, convenience and reliability. The industry's largest vehicles transport goods between and across states, competing successfully with rail, water and air freight industries. In cities, light commercial vehicles are the dominant form of transport for the final stage of delivery. The industry's major markets span the entire economy, and demand for road freight transport services is a leading indicator for changes in economic growth. Businesses hold less stock prior to and following economic downturns, which reduces demand for transporting goods.
Industry revenue is expected to grow at an annualised 3.0% over the five years through 2016-17, to $41.5 billion... purchase to read more
Industry Report - Industry Analysis Chapter
The Road Freight Transport industry provides the primary mode of transport for non-bulk freight in Australia. The industry dominates the transport and storage sector in terms of revenue and employment. Over the five years through 2016-17, industry revenue is expected to increase at an annualised 3.0%, to $41.5 billion. Rising fuel prices are expected to be partially passed on to clients, boosting industry revenue by 2.4% in the current year. The historically low prices of crude oil over much of the past five-year period have supported industry profit margins, which have increased slightly as a share of revenue during this period... purchase to read more