With a driver shortage and small operators under financial pressure, NTI’s refreshed Transport Pack shows what nearly 50 years of industry data looks like when it’s put to work.
Somewhere in Australia right now, a transport business is advertising for a truck driver it can not find.
Road freight moves 75% of all goods across the country, and the sector is currently running around 28,000 drivers short. For brokers with clients in heavy motor and transport, that shortage shows up in conversations about coverage, compliance and whether a client can actually grow their fleet when qualified drivers are so hard to come by.
Growing financial pressure is another hard reality for the sector. Insolvencies in transport, postal and warehousing sat at 196 in the year to June 2022, but by the year to June 2025 that figure had reached 734. The current financial year is currently on track to set a new record, even before the full effects of skyrocketing fuel prices are reflected in the data.
Source: Insurance Business Magazine (21.04.2026)