AUSTRALIA’S W&K is the world’s fourth-largest trucking service industry and employs more than a million people in the country’s biggest city, Sydney.
In recent years, there have been a number of big shake-ups in the industry, including a closure of a number trucking operations in Victoria and a loss of some jobs at W&K in NSW.
The news on W&k, which has more than 10,000 trucks on the road, comes as the industry struggles to compete with global competition, and a number are considering the move to other markets.
The industry is also grappling with the introduction of new standards for safety and noise, as well as new technologies.AUSTRALIAN trucks have seen their value soar as demand has soared, driven by the boom in consumer goods, such as mobile phones, tablets and computers.
But the industry is not immune to the effects of the changing times.
In 2018, the Bureau of Meteorology warned that Australia’s global transport fleet would likely peak by 2028.
In 2021, a study by the National Institute of Transport and Main Roads found that a shift to a service economy would have an impact on freight rates and the ability of truck operators to pay their staff.
In a statement, the company said: ”W&!
is committed to a continued focus on innovation and is looking forward to the challenge ahead.”