Weakness in global commodity markets continue to weigh on Toll Logistics.
08 Apr 2016
Longshoremen working for terminal operator Patrick at the Australian port of Fremantle have been on strike since Wednesday with another action planned for Sydney’s Autostrad Terminal April 13 to increase pressure on Patrick to reach an agreement on employment terms and conditions.
10 Mar 2016
The busiest container port in Australia, Melbourne, is now on the market after the Victoria state parliament passed legislation allowing its sale.
16 Feb 2016
Asciano, the parent corporation of Patrick, Australia’s biggest container terminal operator, announced Tuesday that its board has unanimously approved its acquisition by Qube Holdings, the logistics firm headed by Chris Corrigan, who was pushed out as CEO of Patrick during a hostile takeover in 2006.
29 Jan 2016
Australia’s Qube Holdings has upped the ante in its quest for full control of Patrick, Oceania’s largest stevedore and terminal operator, after saying it was willing to pay $1.9 billion.
19 Jan 2016
Container ship berth times at Australia’s Port of Brisbane were the shortest among the top four gateways in the country, despite the port handling the largest vessels in the trade, CargoSmart data shows.
18 Jan 2016
Shippers in Bangladesh are finding new ways of getting their air cargo to Australia after the government Down Under slapped a ban on shipments heavier than 500 grams being carried on freighters and passenger planes from several countries, with the South Asia garment-producing giant among them.
12 Jan 2016
A tug strike on Australia’s eastern seaboard has disrupted shipping with further nation-wide industrial action scheduled by an engineers union over the following week.
05 Dec 2015
In Australia terms, Melbourne’s port is a heavyweight, liftings 2.6 million 20-foot-equivalent units annually, which is 36 percent of the country’s total container traffic.
03 Dec 2015
New intermodal terminals in Australia reflect the more holistic approach toward port capacity and productivity that some observers say will be needed as volumes grow and mega-ships discharge larger and larger loads of cargo.
26 Nov 2015
CMA CGM said it is upgrading its New Europe Mascarene Oceania service by adding new port calls, starting in early December.