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The commercial vehicle market in Australia has been undergoing significant changes, with demand for efficient transport solutions on the rise due to a booming e-commerce sector. As fleet owners navigate this evolving landscape, the need for adaptability in fleet management has never been more prominent. - read more
Getting a truck loan is a significant financial commitment, especially for commercial vehicles. Understanding the terms of your truck loan is crucial for managing your finances effectively and ensuring that you can meet your repayment obligations. - read more
Running a successful trucking business in Australia can be a challenge, but with the right financing options, you can grow your business and increase profits. One popular financing option for truckers in Australia is leasing. Leasing allows trucking businesses to acquire vehicles and equipment necessary for their operations without incurring the high costs of outright purchase. - read more
Truck insurance plays a critical role in safeguarding your valuable assets. For truck owners, having the right insurance coverage can mean the difference between financial security and devastating loss. - read more
Creating a safety-first culture in the trucking industry goes beyond merely following regulations. It means prioritizing the well-being of drivers, the integrity of the cargo, and the security of the fleet. In this context, a safety-first mindset influences daily operations, decision-making, and long-term strategies. It's about cultivating a work environment where safety is an integral part of every action and thought. - read more
In a significant move towards sustainable transportation, Volvo Group Australia has partnered with the Clean Energy Finance Corporation (CEFC) to introduce a $70 million financing package aimed at accelerating the adoption of battery electric trucks (BETs) across the nation. This initiative seeks to address the financial barriers that have traditionally hindered the uptake of electric heavy vehicles. - read more
The Clean Energy Finance Corporation (CEFC) has announced a $6 million investment to support the deployment of 60 battery electric trucks (BETs) for Woolworths' last-mile deliveries in New South Wales and Victoria. This initiative is part of a broader effort to reduce emissions in the transport sector and promote the adoption of electric vehicles in commercial operations. - read more
The Australian truck and van market concluded 2025 with a robust performance, despite facing a 9.5% decline compared to the previous year's record figures. According to the Truck Industry Council (TIC), a total of 48,617 heavy vehicles were sold throughout the year, marking it as the third-best year on record for the industry. - read more
The Australian Trucking Association (ATA) has strongly opposed the Productivity Commission's proposal to phase out fuel tax credits for trucking operators, a move that would effectively double the fuel tax paid by the industry. ATA Chair Mark Parry highlighted that such an increase would raise the effective fuel tax from 32.4 cents to 66.1 cents per litre by 2035. - read more
In a landmark development for Australia's freight industry, energy company Mondo, with support from the Australian Renewable Energy Agency (ARENA), is set to establish the nation's first major electric truck charging hub in Melbourne's Laverton North. The project, slated for completion by late 2026, represents a significant step towards reducing emissions in road freight. - read more
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Knowledgebase
Debt Consolidation: Debt consolidation usually involves negotiating a new loan to pay other existing loans in order to get more favourable interest rates and terms.
