Freight forwarders purchase transport services in bulk, capturing a volume discount. Their primary service is consolidation, as they on-sell this space in smaller volumes to their clients. The freight forwarder then combines loads from multiple customers to create a full truckload. In addition, freight forwarders organise a range of delivery services for their clients. As Australia's freight task has grown, the logistics industry has increased in sophistication. Third party logistics services have increased rapidly and the rise of vertically integrated logistics companies has eclipsed growth in the industry.
Road freight forwarders are contracted by manufacturers, wholesalers and more to transport goods via roadways. Forwarders do not actually move the goods themselves, rather they organise the transport. Their contracts include charges to cover the trucking costs, which are lower than their customers would be able to achieve.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.