Freight plan to help fill the gaps that affect freight transport across the state, Isuzu Australia CEO says
Truck manufacturer Isuzu Australia has thrown its support behind the Victorian Government’s new freight plan, which it says will help encourage economic growth in the state.
Isuzu Australia CEO Phil Taylor says recent changes in infrastructure and technology have demanded efficient supply chain practices in the industry.
“A regulatory body like Freight Victoria will hopefully work towards increasing efficiencies within the sector,” he says.
Established under the new freight plan, titled Delivering the Goods, Freight Victoria will be a single point of contact for primary producers and the freight and logistics industry to contact for information and assistance.
Read more in our story about the release of the plan here.
Taylor says that while coordinating freight movements between air, sea, rail and road is not a new concept, technological improvements have significantly increased the amount of data being captured at every point of the supply chain.
Freight volumes in Victoria are forecast to increase by 600 million tonnes by 2051 – accounting for a goods value of over $25 billion – as the state’s population continues to increase.
“The most pertinent challenge for the transport and logistics industry is how we can work together to share that information in a way that boosts the sophistication and improves the flow of freight down the entire supply chain,” he says.
“This plan is the first step towards addressing gaps that affect the landscape of freight transport in Victoria and, as a result, the broader future of Australian freight distribution.”
The new freight plan aims to achieve a $40 billion increase in Victoria’s gross product by 2040 through the development and coordination of existing infrastructure initiatives, such as the West Gate Tunnel and Murray Basin Rail projects.
Developed to meet long-term goals, the plan also aims to refine current heavy vehicle training and licensing processes over the next five years to improve both regional and international goods movements.