Fact sheet

Freight rates in Australia

24 Jul 2017
CREATORS
Freight rates are a key factor influencing freight mode choice and the costs of freight-reliant business sectors, such as mining, construction, and the retail and wholesale trades. As such, they affect the profitability of Australian industry. This Information Sheet presents an estimate of interstate freight rates for road, rail, sea and air modes back to 1965.

24

34

Share
Broad Subject Area(s): 
Geographic Coverage: 

Description

Freight rates are a key factor influencing freight mode choice and the costs of freight-reliant business sectors, such as mining, construction, and the retail and wholesale trades. As such, they affect the profitability of Australian industry. This Information Sheet presents an estimate of interstate freight rates for road, rail, sea and air modes back to 1965. Models of the first three modes are also presented, allowing an understanding of the determinants of the level and movement of freight rates in Australia. The estimates and models presented show that following rapid declines in real freight rates during 1975 to 1985 for road and 1985 to 1995 for rail and sea, the trend has since been basically sideways – higher or lower due to trends in technology, fuel prices and the economy. Air freight rates have had steep rises and falls, but have also been stable since the late 1990s.

Advertisement

 

PUBLICATION DETAILS

Resource Type: 
Identifiers: 
ISBN
978-1-925531-22-0
APO URI: http://apo.org.au/node/100036
Series Title: 
BITRE Information Sheet
Series Volume/No.: 
INFRA 3126
License Type: 
CC BY