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Apr 27, 2009

TRUCKING ANALYSIS * Australia - Truckers advised to lower speeds, maximise capacity

Logistics is facing further obstacles this year following a particularly tough 2008...

Queensland,Australia -Queensland Business Review -27 April 2009: -- Logistics is ranked seventh in the IBISWorld report of top-10 sectors feeling the pinch of the financial crisis... Freight volumes are falling sharply, resulting in an overly competitive market and tight margins... Trucking industry revenue is expected to fall a further 3.4 percent, while profit remains at around 0.2 percent... In addition, the report says approximately 5,500 jobs will be slashed... However, clamping down on trucking costs is listed as a top suggestion to protect margins... Operators should also aim to lower average speeds, follow less-congested alternate routes and reduce braking and acceleration... Taking advantage of capacity will ensure that costs per unit are reduced, while cutting back on the number of trucks in operation will also reduce excess capacity...
(Photo from transportcafe.co.uk: Australian Truck: Melbourne, Adelaide)

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