Lockdowns Driving Massive Demand In Spot Freight Market


Australian freight marketplace Truckit has seen a 60 per cent increase in spot freight demand, despite lockdowns in Sydney and Melbourne.

In September, Truckit users posted more than 17,000 freight jobs on the marketplace, a 65 per cent increase on June this year and 60 per cent on the same month last year. Many freight categories – cars, motorcycles, caravans and boats – have more than doubled in the three months to the end of September.

Truckit’s digital marketplace matches people to freight large items with transport operators, with sole operators and large multi-vehicle businesses.

Established by Queensland-born, Scottish rugby international Robbie Russell, is apart of Australia’s rapidly-growing on-demand freight industry that is becoming a bigger part of the overall $100 billion a year industry.

The website works by letting customers list their item for free and receive competitive quotes from interested vehicle operators. The booking, transaction and delivery process is managed directly between the freight owner and the operator.

Robbie says demand for freight had grown exponentially over recent months as people were unable to move items themselves and had to rely on the country’s army of truck drivers.

“With large trucking companies operating at full capacity, the spot market is often the only way they can get larger items moved around,” he says.  “Despite the lockdowns, people are still buying and selling cars and boats and caravans and need to be able to get them from one place to another.”

“These are tough times for everybody in lockdown but it is essential we keep the goods moving around the country.”

While multiple states and territories have announced the closure of their borders, the freight and logistics industry has been deemed an essential service and are therefore exempt from border closures.

The site now has more than 400,000 customers who have posted a listing on the site and more than 4,500 vetted truckers ready to quote on individual jobs.

©2019 All Rights Reserved. MHD Magazine is a registered trademark of Prime Creative Media.