Category: Australian Road Freight Industry Overview: Trends & Analysis

Road freight transport is fundamental element of the Australian transport network and an ally to the Australian economy. This industry sector is important on its own and a key factor in terms of general economy growth. It generates over 3% of country’s GDP. This is because of the Australia’s large land area, low population density in many parts of the country and high demand for the freight transportation services.

For almost 20 years, the Australian road freight industry has showed a remarkable growth and according to industry experts it will continue to grow. What’s keeping this industry high in demand are the constant technology improvements, quality, safe and efficient vehicles and the increased number of e-commerce companies. Consequently, the number of Australian trucks for sale will increase, the road freight rates will be lower, there will be improvements in the management and so on.

The growth of the road freight is especially expected in the Australian eastern areas, Victoria, New South West and Queensland. And, since these are large states, industry analysis show that these markets will be the main “culprit” for road freight industry improvements, leading to increased trucking services and higher demand for trucks for sale.

However, in the last 10 years, the road freight sector has seen an intense competition because of the increased number of small road transport companies meaning that everyone who has a truck in good condition and truck license can perform road transport services. This has become a trend and has led to increased employment and increased demand for trucks for sale.