Australia freight and logistics market prediction in 2021-2026

According to the International Research Company Mordor Intelligence’s report, the freight and logistics market in Australia was increased more than USD 75 billion in 2020 that predict the compound annual growth rate (CAGR) will be valued over than 4.5% in 2021-2026. The reason is driven by logistics industry in Australia has increased investments for infrastructures.The COVID-19 pandemic is also the reason to boost the freight and logistics market, because of the increases of demand in e-commerce deliveries and medical supplies during the pandemic.