The Australian truck marketplace is in a healthy position, with a record-breaking 41,426 new trucks sold in 2018. Government forecasts of substantial growth in the freight task over the next ten years also suggest significant opportunities for the almost 77,000 Australian businesses operating trucks.
Many of these businesses don’t however see clear roads ahead. An increasing cost base, and downward pressure on pricing and profitability, allied with increasing regulatory requirements, and ongoing difficulties sourcing quality drivers and support staff are creating a challenging operating environment . Our research shows that despite many still having a level of optimism about their future prospects, these issues are very real, potentially impacting their ability to successfully deliver to customer needs and expectations.
To succeed in this environment, greater access to industry and market data will be essential to the future success of organisations operating in the truck fleet ecosystem. The inaugural ACA Research Australian Truck Market Insights Report seeks to provide a holistic perspective of the current state, and future prospects of the Australian trucking industry, arming businesses with the information needed to make better decisions around the products and services they offer.
We hope you find the ACA Research Australian Truck Market Insights Report to be an insightful and valuable tool that supports your business decision making, and helps you better focus your planning , strategy and marketing activities.
Length: 70 Pages
Published: February 2019