Transport for NSW (TfNSW) has recently launched the Freight Data Hub in an effort to provide timely and accurate information about freight movements.
Australian Logistics Council (ALC) CEO, Kirk Coningham, said the data would be key in making more effective policy reform and infrastructure investment decisions.
“TfNSW is to be congratulated for its leadership in launching this Freight Data Hub, and providing industry and the community with fresh insights into the way freight is moving around NSW, and freight performance at key trading gateways,” Mr Coningham said.
Mr Coningham said there was widespread acknowledgement within the industry in early 2019 regarding the need for improving the quality and quantity of data available regarding freight movement.
“This thinking drove the Federal Government’s decision to allocate $8.5m to design and pilot a National Freight Data Hub,” Mr Coningham said.
“However, the ultimate success of that national project will depend on industry participants being convinced that contributing their data will deliver beneficial outcomes, including a better overall visualisation of how freight moves through the supply chain, the prioritisation of investment on key freight routes, and the identification of bottlenecks and other challenges that inhibit efficient freight movement.”
“The Freight Data Hub that TfNSW has now launched is a powerful demonstration of how key freight data can be presented in a manner that is useful to freight logistics companies, investors and government decision-makers alike.”