Key Market Indicators
Australia's freight volume is set to reach 766 million tonne-kilometres by 2026, growing at an average of 1.8 per cent year-on-year. Since 1975, supply has increased by an average of 1.9 per cent annually. In 2021, it ranked fifth, with India in the lead at 678 million tonne-kilometres. The United States, Russia and India respectively were second, third and fourth in the ranking.
Australia Freight Market Data and Forecasts
How much will Australia Freight Market grow to 2026?
More in Freight Industry for 2028Improve your Knowledge with the latest Indicators and Trends
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Freight Forwarding Brokers: A Deep Dive into Industry Trends, Challenges, and Opportunities
The sector is witnessing heightened digitalization and increased partnerships with tech firms to improve efficiency. Moreover, due to globalization and trade liberalization, cross-border trade is increasing, which raises demand for brokerage and agency services. Conversely, environmental concerns are resulting in greater regulations, pushing entities to invest in greener transport solutions.
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Fleet Management: The Astounding Potential for Business Optimization and Innovation
There's an astounding potential for business optimization in the management of commercial motor vehicle fleets. A pivotal resource in diverse industries - from passenger transport to supply chain logistics - these fleets are crucial for operational efficiency. Realizing this potential necessitates a firm focus on preventive maintenance, route planning, and...
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Refrigerated Transportation: Unveiling Trends and Impacts on Global Market Dynamics
The vitality of refrigerated transportation is underpinned by increasing global demands in sectors such as food and beverages, pharmaceuticals, and chemicals. Growth in these industries requires that products be transported under temperature-controlled conditions to maintain quality and adhere to regulatory norms. Changing dietary habits, the expanding consumption of frozen foods,...
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Water Hauling: Unveiling the Dynamics of Vacuum Services and Trucking Industry
Water hauling services form an indispensable part of the logistics chain in multiple industrial sectors. An invisible cog in the mechanical behemoth of the industry, water hauling operates through specially designed vacuum trucks that transport water from one location to another. The primary sectors that rely on these services include...
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Local Freight Trucking: Insights And Trends Reshaping the Industry Landscape
Advancements in technology are significantly impacting industries around the globe, including the regional freight trucking industry. Digital platforms for freight management are offering increased visibility and control over cargo, optimizing operational efficiency. Additionally, the industry is witnessing a rise in the use of fleet management systems, which are helping to...
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