The Asia-to-Australia trade became the latest to experience the distressing new trend of bunker surcharges overtaking the actual container freight rates on the spot market.
DP World Australia Completes Next Phase of TOS Standardization & Centralization with Navis N4 Go-Live in Melbourne
17 Jun 2015
A new free-trade agreement between Australia and its largest trading partner, China, will likely further accelerate containerized trade between the duo after their volume rose 14.6 percent in the last three years.
17 Jun 2015
FedEx reported its first quarterly loss since 2009, thanks to a $2.2 billion pension-related pre-tax charge that bit deep into earnings. Unfavorable exchange rates, a drop in international priority volume and low fuel surcharge revenue also stung the global transport operator.
01 Jun 2015
Port Otago in the southern New Zealand town of Dunedin is to spend $30 million deepening its shipping channel and berths to accommodate container carriers of up to 8,000 TEUs.
29 May 2015
Toll Group began operating under the Japan Post flag today as president and CEO Toru Takahashi announced the new board that will provide governance to the Melbourne-based logistics company.
27 May 2015
It is unlikely to be casual Friday on May 28 as the new Japan Post-owned Toll Group marks its first official business day.
26 May 2015
The truck leasing arm of Paccar plans gradual expansion across Australia as shippers and carriers replace the nation's aging heavy trucks and 'road train' tractors.
21 May 2015
Shipping Australia boss Rod Nairn doesn’t always agree with officials, but when deputy prime minister Warren Truss outlined the government plan to simplify coastal shipping regulation, he was all for it.
14 May 2015
U.S.-based PACCAR is expanding its truck rental and leasing to Australia, where it plans to offer Kenworth and DAF trucks to private shipper fleets and carriers.
12 May 2015
Australia’s wine exports to China rose 20 percent in the 12 months ending March as China continued to shrug off austerity measures imposed in 2013 as part of Beijing’s corruption crackdown.
30 Apr 2015
The U.S. is amping up security measures in the Strait of Hormuz three days after a cargo ship under U.S.