The road freight industry, also known as the trucking industry, is integral to the Australian economy. Although it was not spared by the global financial crisis, it still maintained an annual growth rate of 2.4% in the last five years. Today, the industry has approximately 41,000 businesses, which employ more than 250,000 people and pay more than $13 billion in annual wages.
The industry looks very solid at the moment and getting into trucking business looks like a brilliant move. However, for serious investors, the present situation alone is not enough to invest a significant amount of money. You also need to have a good idea of how the trucking industry would fair in the future.