The Australian Logistics Council (ALC) has welcomed the launch of the Victorian Freight and Logistics Plan.
The Victorian Freight and Logistics Plan sets out a strategy for Victoria to deal with the expected growth in freight volumes across the State and nationally.
ALC Managing Director Michael Kilgariff explains that the freight strategy estimates the freight and logistics sector contributed between $19 and $23 billion, or about 8% of total economic activity to Victoria's economy in 2011. This could be higher since ALC estimates the sector is about 14.5% of the economy.
While the freight task nationally will almost triple by 2050, containerised imports and exports from Victoria are set to almost quadruple. The plan also recognises that the logistics industry is increasingly dealing with goods that have been imported, rather than manufactured locally, which is consistent with trends elsewhere in Australia.
This reinforces that planning and corridor protection are critical and freight and supply chain efficiency is an important component of the national economic debate.
According to Mr Kilgariff, the National Land Freight and Port strategies have been released, the Queensland Government has just closed comment on the Moving Freight strategy and the SA, TAS, WA and NT Governments are at various stages in developing their own freight strategies. With the draft NSW Freight and Port Strategy released nearly nine months ago, industry is eagerly anticipating the launch of the final strategy.
The Victorian Freight and Logistics Plan includes a renewed focus on investment in freight logistics infrastructure to improve freight productivity and supply chain efficiency, and commits the Government to a transport network and rail link to connect the Port of Hastings to the regional and national freight network.