$70.3bn
$X.Xbn
181k
60,365
$XX.Xbn
The Road Freight Transport industry has faced unstable conditions over recent years. Growth in the domestic freight task and heightened international merchandise trade have supported industry revenue. However, poor economic conditions and pandemic-related supply chain disruptions led revenue to contract in 2020-21. Over the past three years, increased fuel costs have caused prices for road freight to swell, reducing demand in favour of rail freight. Nonetheless, non-bulk road freight services are largely price inelastic, limiting the amount of business lost. Overall, revenue is expected to have dropped at an annualised 1.2% over the five years through 2024-25, to $70.3 billion. This trend includes an anticipated fall of 4.1% in 2024-25.
Industry revenue has declined at a CAGR of 1.2 % over the past five years, to reach an estimated $70.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue ($m)
2025 |
---|---|---|
Toll Holdings | 3,025.6 | |
Linfox | 675.6 | |
K&S | 335.8 |
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Industry revenue is measured across several distinct product and services lines, including Interstate services, Intrastate services and Urban services. Interstate services is the largest segment of the Road Freight Transport in Australia.
Robust agricultural production has supported demand for intrastate services
Industry operators primarily transport freight by road. The industry also includes towing services and road delivery services, excluding couriers.
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ANZSIC 4610 - Road Freight Transport in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Soaring fuel prices have eroded profit. However, rising road freight service prices have allowed carriers to pass on a large portion of these increases, which has supported r...
Learn about an industry's products and services, markets and trends in international trade.
Interstate services have risen as a share of total road freight revenue. A sharp increase in international trade has boosted the volume of goods transported from major ports ...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Most of the industry's activity is concentrated on the eastern seaboard. These areas contain a high proportion of the industry’s major markets, Australia’s population and fre...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Intense internal competition places significant downwards pressure on freight rates. Road freight operators are continually searching for methods of carrying their customers'...
Learn about the performance of the top companies in the industry.
There are no companies with over 5.0% market share in the Road Freight Transport industry. Nonetheless, the industry’s largest players, like Toll Group, Linfox and K&S, are v...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The National Heavy Vehicle Regulator is the leading industry regulatory body. The regulator oversees the Heavy Vehicle National Law, in addition to other regulatory framework...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Large increases in demand with limited increases in price have seen profitability shrink. During the pandemic, activity spiked without a shift in price. This trend placed pre...
Including values and annual change:
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Key data sources in Australia include:
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These sources include:
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The market size of the Road Freight Transport industry in Australia is $70.3bn in 2024.
There are 60,365 businesses in the Road Freight Transport industry in Australia, which has grown at a CAGR of 2.4 % between 2019 and 2024.
The market size of the Road Freight Transport industry in Australia has been declining at a CAGR of 1.2 % between 2019 and 2024.
Over the next five years, the Road Freight Transport industry in Australia is expected to grow.
The biggest companies operating in the Road Freight Transport market in Australia are Toll Holdings, Linfox and K&S
Interstate services and Intrastate services are part of the Road Freight Transport industry.
The company holding the most market share in Australia is Toll Holdings.
The level of competition is high and increasing in the Road Freight Transport industry in Australia.