New South Wales-based trucking company DJK Transport has gone into voluntary liquidation after nearly six decades in operation.
The company, which provided local and interstate freight and distribution services, entered liquidation on Friday following the appointment of a restructuring practitioner in June.
Background
DJK Transport, founded in 1968, had been a trusted transport service provider in Austral, southwestern Sydney.
The company’s website listed its services as including trailers, tautliners, and flat-top trucks, and had previously undertaken mine-related freight work and distribution centre work for chain supermarkets and department stores.
The liquidation notice posted on the Australian Securities and Investments Commission (ASIC) revealed that the company’s general meeting on August 8 resolved to wind up the business.
Danny Vrkic was appointed as the liquidator.
Industry Challenges
The Australian trucking industry has faced significant challenges in recent years, including a shortage of freight drivers.
A 2024 International Road Transport Union survey found that approximately 28,000 driver positions remained unfilled, with half of Australian trucking businesses experiencing “severe or very severe difficulty” in filling driver positions.
The survey also highlighted the ageing driving workforce, with 47 per cent of drivers over 55 years old, and only 5 per cent under 25.
Women account for a mere 6.5 per cent of drivers in the industry.
Related Developments
Two other transport companies, AKG Trucking and Round Em Up Transport, also entered voluntary liquidation on Friday, with Danny Vrkic appointed as liquidator for both companies.