Truck industry findings reveal that the sector is resilient and dynamic

Earlier this year, Isuzu Australia Limited (IAL) released new independent research outlining key trends and challenges in Australia’s commercial road transport sector.

As part of the company’s thought leadership series, Future of Trucking Report: The Way Forwardpublished in April, is based on information provided by more than 1,300 survey respondents from across the transportation and logistics industry.

IAL’s head of sales and aftersales, Ben Lasry, discussed road hauliers’ response to the report, explaining that there is no denying that change in the industry is happening at a rapid pace.

“If it were possible to encapsulate the current state of the Australian road transport industry and associated sectors in one descriptor, I would have to choose to change the word,” he said.

In pointing out key challenges that emerged in the report, Lasry refers to the previous “Future of Trucking” report released in 2020, in which half of all companies surveyed said their industry would change rapidly over the next three years.

“This level of uncertainty represents a significant increase from the previous report, in which only a third of businesses thought the pace of change in the industry was most important,” Lasry said.

“The one constant we can rely on in the transport sector is the ongoing challenges facing businesses large and small. Rising fuel prices – and the global forces driving them – are clearly a key issue and of great concern to most in the sector, as outlined in more detail in the report.”

Despite these challenges, the industry has demonstrated the ability to adapt.

The latest data shows changes in buyer behavior. In particular, the purchase of more efficient, cost-effective and safer trucks.

Meanwhile, domestic transport tasks continue to grow in demand.

As this is a critical time for the industry, this may seem daunting to some companies. However, analyzing the report’s conclusions, Lasry is confident that many people are well prepared for what lies ahead.

“Facing such changes at a pivotal moment in our industry’s history, part two The future of truck transport is both timely and valuable for all interested parties,” he said.

“There will always be many challenges in such a dynamic and ‘essential’ industry, and the findings of this report paint a picture of a sector that is ready to weather tougher times and continue to work towards innovative solutions to new problems.”

In other news, Cummins is launching a new 6.7-liter engine with Isuzu.