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The Backbone of Australia’s Supply Chain: Why Trucking Companies Matter More Than Ever In the Australian Economy!
Overview of the Australian Trucking Industry
The Australian trucking industry is made up of over 40,000 businesses and employs over 300,000 people. It is responsible for transporting 70% of all domestic freight, including food, fuel, and other essential goods. The industry is divided into two sectors: the road freight transport sector and the road passenger transport sector. The road freight transport sector is responsible for the transportation of goods, while the road passenger transport sector is responsible for the transportation of people.
The road freight transport sector is further divided into several sub-sectors, including general freight, refrigerated freight, livestock transport, and hazardous goods transport. The general freight sector is the largest sub-sector, responsible for the transportation of goods such as furniture, machinery, and other products. The refrigerated freight sector is responsible for the transportation of perishable goods such as food and pharmaceuticals. The livestock transport sector is responsible for the transportation of animals such as cattle, sheep, and pigs. Finally, the hazardous goods transport sector is responsible for the transportation of dangerous goods such as chemicals, gases, and explosives.
Importance of the Trucking Industry to the Australian Economy
The Australian trucking industry plays a critical role in the Australian economy, and its importance cannot be overstated. The industry is responsible for transporting goods across the country, which supports businesses and enables them to operate effectively. It is also responsible for delivering essential goods to regional and remote areas, which are often difficult to reach by other forms of transportation.
The trucking industry is also a significant employer in Australia, with over 300,000 people employed in the sector. These jobs are spread across the country, providing employment opportunities in regional and remote areas where jobs can be scarce. The industry also supports many other industries, such as agriculture, mining, and manufacturing, by providing a reliable means of transportation for their products.
Finally, the trucking industry is a significant contributor to the Australian economy. In 2023, the industry generated over $58 billion in revenue and contributed $24 billion to the Australian economy. This contribution represents 1.2% of Australia’s GDP and highlights the critical role that the trucking industry plays in supporting the Australian economy.
2023 Statistics on the Australian Trucking Industry
The Australian trucking industry has continued to grow in 2023, with increased demand for goods being transported across the country due to the COVID-19 pandemic. The latest statistics from the Australian Bureau of Statistics (ABS) show that the road freight transport sector generated $45.6 billion in revenue in 2020-21, a 5.5% increase from the previous year.
The ABS also reports that the number of registered heavy vehicles in Australia has continued to grow, with 669,522 registered heavy vehicles as of June 2021. This represents an increase of 1.6% from the previous year. The ABS also reports that the total distance traveled by heavy vehicles in Australia has increased by 2.3% in 2020-21, with heavy vehicles traveling a total of 60.3 billion kilometers.
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