With increasing population, as well as increasing public interest in online shopping and demand for product delivery, it’s easy to see why the transport industry is experiencing a growth like it hasn’t seen since the invention of the motor vehicle. People want to buy things online, and those things need to be shipped and delivered, it’s really that simple. A continued rise in the online shopping trend would continue to impact the growth of the transport industry, and would specifically demand more truck transport services. It’s easy to see why.
In Australia, container freights arrive mostly at the ports of Melbourne and Sydney. The goods then need to be transported across the country by various methods including rail, land and water vehicles. Within cities, however, the demands for shipping and delivery are met almost exclusively by small commercial trucks. Online shopping and individual purchases that need to be delivered to specific locations increase those demands.
Transport: An Industry on the Move
Transport is the second largest growth industry in the world, next to online sales. The great thing about this industry is that it will grow proportionately with the internet and online sales, but its growth is not tied to the success or failure of other industries such as those. Even if the online shopping craze dies down, products will still need to be shipped to commercial locations. Here’s the thing, though, the internet and online sales are not losing momentum. In fact, the enormous rate of growth regarding the two has them currently holding the position of the fastest growing industry in the world. This is just one reason that you can expect to see a continued increase in the demand for and growth of transporting services in Australia, particularly truck based services.
Impact on Macarthur
With the influx in population density alongside the building of 30,000 new homes within Sydney’s Macarthur region alone, the transport industry here is expected to grow exponentially. Rail and water freight services compete with truck based transport of bulk goods outside urban and city environments, but within the city, the so-called “last mile” of transport is dominated by small commercial trucks. This is the industry that is likely to see the highest rate of growth due to the fact that more bulk orders demand heavier loads, not necessarily more loads, but “last mile” deliveries increase drastically with the size of the bulk orders. And higher population density means more people to buy more products to be delivered to more specific locations within urban areas and population centres.
Population Trends and Shopping Online
Over the last 5 years, the trend of mobile and laptop shopping while at work or home, or even impulse purchasing, has seen a steady 20-30% annual increase. We can expect to see this rate of growth to continue to increase further, but even if it doesn’t, 20-30% annual growth is significant. Significant enough even to place online shopping as the highest growth industry in the world. More concentrated population density leads to more demand of truck delivery and transport, as we’ve seen; and coupled with this dramatic social shift in the way business is being done, we can expect the transport industry to continue to evolve and thrive in order to keep up. Without the transport industry, and specifically truck delivery services, businesses and individuals alike would have no way to obtain their products, whether for personal use or resale.
Without Trucks, Australia Stops
You can see how the entire economic health and growth of most, if not all industries increasingly rely on the heavy use of bulk and non-bulk transport in order to keep their business running. Not only do commercial locations and businesses need to receive product for their inventory at a fast and dynamic pace to match the supply and demand of the market, but more consumers are turning to online shopping as well, which greatly adds to the growth of the transport industry. If the transport industry were to stop, Australia would stop; and the transport industry is largely made up of trucks. That’s why, without trucks, Australia stops.