Australia/Oceania

Australia/Oceania

26 Aug 2015
Hutchison Ports Australia has attempted to clarify its position in an increasingly bitter dispute with Maritime Union Australia and mounting outrage following reports that the 97 sacked workers were fired via text message and e-mail.
01 Aug 2015
HONG KONG — Australia is preparing for a free trade agreement with its largest trading partner China that is se
Port Botany, Australia
31 Jul 2015
A new joint venture between DP World and Toll Logistics in Sydney, Australia, could provide a container shuttle out of Port Botany and slash exports of empty boxes.
22 Jul 2015
FedEx Express is re-engineering its global network by replacing older, higher capacity planes with more efficient, technically advanced aircraft that have lighter payloads. The result should be a more efficient, higher yield operation in an era of slower air cargo trade.
17 Jul 2015
Australia’s wine industry has reported a 32 percent increase in the value of its wine exports to China in the past year, a trade that was worth more than $200 million in the 2014-15 financial year that ended on June 30.
13 Jul 2015
The South Australian potato industry has embarked on a state-funded waste-reduction project that could save growers millions of dollars while boosting exports to China, India and Indonesia.
10 Jul 2015
The U.S.-Oceania ocean container trade is providing a textbook example of the ramifications a strong currency has on trade flow. U.S. imports from Oceania increased 11 percent year-over-year in the first six months of 2015, while exports dropped 11 percent.
08 Jul 2015
Tauranga, New Zealand’s largest container gateway, has awarded a contract for dredging to Rohde Nielsen as the port seeks to deal with the cascading of larger ships on to smaller trades and maintain its position as the preeminent container port in the country.
18 Jun 2015
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.
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.