Economic Contribution

There’s a clear and direct relationship between economic growth and trucking activity. New Zealand research shows that a 1% growth in national output requires around a 1.4% increase in transport services.

As New Zealand’s economy expands trucks will be needed to keep the country growing. It is expected that trucks will still carry over 90% of all domestic freight in 2042.

Because of the vital role trucks play, changes in road transport charges have a direct impact on New Zealand’s economic performance. A 2002 study by Infometrics found that a 10% reduction in road transport freight rates would:

  • Create 33,000 new jobs
  • Increase GDP by 3.7%
  • Boost exports by 3.9% or more than $1.5 billion

A 10% increase in road freight rates would:

  • Cut 20,000 full time jobs
  • Reduce GDP by 1.6%
  • Cut exports by 1.7%

Road transport is particularly important to regional New Zealand and the export industries which drive these local economies. Trucks carry:

  • 95% of export fruit
  • 86% of export wool
  • 85% of export dairy products
  • 65% of export logs
  • 35% of export meat

Collectively these exports are worth nearly $21 billion a year in overseas earnings.

NRC, ASSOCIATION, NATIONAL ROAD CARRIERS, TRANSPORT ASSOCIATION, TRUCKING ASSOCIATION, DIESEL DISCOUNT,NRC, ASSOCIATION, NATIONAL ROAD CARRIERS, TRANSPORT ASSOCIATION, TRUCKING ASSOCIATION, DIESEL DISCOUNT,NRC, ASSOCIATION, NATIONAL ROAD CARRIERS, TRANSPORT ASSOCIATION, TRUCKING ASSOCIATION, DIESEL DISCOUNT,NRC, ASSOCIATION, NATIONAL ROAD CARRIERS, TRANSPORT ASSOCIATION, TRUCKING ASSOCIATION, DIESEL DISCOUNT,