A National Freight and Supply Chain Strategy and Composite Straps
The Australian government has set the deadline for the logistics industry to submit their feedback on the National Freight and Supply Chain Strategy on July 28.
Minister for Infrastructure and Transport, Darren Chester, said that the inquiry will help in meeting consumer demands, as well as addressing concerns of businesses and unlock any growth opportunities for the production of local goods.
A Look at the Growing Freight
The national government announced the plan for the inquiry in November 2016. By May this year, the Department of Infrastructure and Regional Development released the draft documents and began to soliciti public input.
The plan will determine the best way to cope with an expected uptick in demand. By knowing how to take advantage of a predicted increase in freight distribution activity, the logistics sector can help improve Australia’s economy, according to Darren.
Cargo movement would increase by 50 per cent in the next 20 years, amidst a growing population. This requires significant investments as demand for additional transport solutions become necessary. Darren said that the national supply chain covers several entities, whether one is involved in manufacturing composite strap products, a freight operator or even a consumer.
Investment in the Future of Freight
Australia has recognised the importance of logistics investments through more than A$75 billion of spending, which funded several major infrastructure projects. Some of these include the A$8.4 billion Inland Rail project between Melbourne and Brisbane and the A$10 billion National Rail programme, as well as development plans for the Bruce and Pacific Highways, Darren noted.
Following the acceptance of submissions, the Department of Infrastructure and Regional Development will publish the information on its website.
A Competitive Supply Chain Market: Poly Composite Straps as a Need
Composite straps, for instance, will remain to be an indispensable item for all sorts of applications – whether in Australia or overseas. As an example, poly composite strapping is a product with a range of load-securing advantages. This allows it to be a near-necessity for all transport services.
The National Freight and Supply Chain Strategy will help Australia maintain its competitiveness in the global supply chain market. For this reason, the country’s public and private sector should do its part and submit feedback on the best ways to improve the logistics industry.