There’s a clear and direct relationship between economic growth and trucking activity. New Zealand research shows that a 1% growth in national output requires around a 1.4% increase in transport services.
As New Zealand’s economy expands trucks will be needed to keep the country growing. The road transport industry in New Zealand has a gross annual turnover of $6 billion, and transports about 70% of New Zealand’s land-based freight measured on a tonne/kilometre basis.
Because of the vital role trucks play, changes in road transport charges have a direct impact on New Zealand’s economic performance. Road transport is particularly important to regional New Zealand and the export industries which drive these local economies. Trucks carry:
- 95% of export fruit
- 86% of export wool
- 85% of export dairy products
- 65% of export logs
- 35% of export meat