The past few years are dark and treacherous for the road freight transport industry in Australia, with hundreds of small-scale freight companies that were forced to close due to astronomical operation costs and weak demand of services (due to expensive shipping rates). The start of the new millennium till 2008 was a tumultuous time, with fuel prices rising as high as over 108%. As the main cost of shipping companies is on fuel, it's no surprise that even giant freight companies had to cut back on operational equipment, human resources, and services to stay afloat through those times.
Nowadays, changes in the fuel price trend have seemingly made the road transport industry the lucrative endeavor that it was earlier, but the most query that micro courier services wants answered is this: could micro courier services stay afloat in the long run, and would they continue doing business even if the business atmosphere is seemingly really “stable”?
According to the 2011 IBIS World Industry Report entitled, “Road Freight Transport in Australia”, freight companies conducting courier service in Australia will expect endless increase in revenue and revenue until 2016, thanks to the steady trend of financial growth and stabilizing fuel prices. But, the report does not provide particular data on how micro courier services can fare when the giant courier services in Australia start to work in full throttle.
If you will like some insights to help you opt whether you can and/or you should continue working a small courier service in Australia, here are two issues you want to commit to mind and use to evaluate your shipping company’s fate:
First- small shipping companies like the benefit of being versatile with their rates and services. If your aim is long-term operation, pursue your endeavor by all means and disregard any obstruction coming your way. Economic forecasts indicate that the road transport industry will continue to do better till 2016, if not there is anything catastrophic that would have an effect on Australia’s economic growth and the stability of oil prices.
Second- consider your business vision. If you are uncertain about what you wish to do along with your freight transport business, we strongly advise that you work on your company goals or simply discontinue operating your business. The bright future of the freight transport trade can surely cause active shipping companies to supply really reasonable rates, better services, and more spectacular road transport systems. If you cannot go with the quick development, don’t risk losing cash within the business.
The Climate Of Micro Courier Services In Australia