This report focuses on the transport of freight by road, with comprehensive information on the state and size of the sector, including volumes transported, number of heavy vehicles, corporate actions and developments including financial and operating results.
Government has announced planned interventions to reform the rail sector to make it more effective, efficient and competitive, but road continues to be the transport mode for the majority of goods.
The road freight industry faces many challenges including reduced demand due to pressure on consumer spending, high input costs, competition from e-commerce platforms, labour demands, pressure by customers to reduce transport costs, automation and new technologies, border post and port congestion and excess capacity. The industry is responding by using technology to improve efficiencies and reduce costs, by spreading risk, using flexible distribution models and decentralising operations.
The effect of the pandemic on the operations and revenue of the road freight and warehousing sector has been mixed. The benefits of providing warehousing and transportation for sectors such as healthcare and consumer goods was offset by the negative effect of protocol compliance requirements, lower volumes requiring transportation, movement restrictions and border post…