The Australian economy remains buoyant with trade being a key contributor. Gross domestic product is experiencing sturdy growth with unemployment rates remaining low – both with a positive outlook.
"The Australian trucking industry has experienced a noteworthy increase in both revenue and margins which is supporting increased capex.”
Road transport is a large and significant portion of the Australian economy but the industry continues to consolidate due to fierce competition and increased operating and safety costs. The demand for trucking services will continue to be strong but the landscape will change.