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
09 Apr 2015
China’s largest port builder has been given the green light to acquire one of Australia’s largest construction companies as Beijing moves to grow its international infrastructure capability in support of its “one belt one road” trade initiative.
02 Apr 2015
A move to provide a direct shipping link between Tasmania, Australia, to Asia has been abandoned —at least in the short term.
31 Mar 2015
HONG KONG — The Harper review of Australia’s competition laws has recommended sweeping changes aimed at improving the cou
23 Mar 2015
Proposed protective measures for the Great Barrier Reef will lengthen the voyage between Australia and its largest trade partner, China.
15 Mar 2015
A dispute on rental fees charged to container terminal operators by the port of Melbourne is leading some in Australia to suggest regulating ports under competition law.
03 Mar 2015
The proposed 750 percent rent increase for DP World’s Melbourne terminal is a “blatant money grab” by the state government, said Shipping Australia chief executive officer Rod Nairn.
27 Feb 2015
Penske Truck Leasing and sister company Penske Automotive Group are expanding their heavy-truck leasing business in Australia, targeting operators with older trucks.
23 Feb 2015
New Zealand’s Port of Tauranga and logistics management company Kotahi will form a new joint venture to support robust export cargo volume commitments made last year and to strengthen the country’s supply chain.
19 Feb 2015
A healthier global economy, strong U.S. dollar and low fuel prices should give global logistics and transportation merger and acquisition activity a boost in 2015, according to consulting firm PwC US.
17 Feb 2015
The decision by Japan state postal service to takeover regional logistics operator Toll Holdings for $5.07 billion is the second mega-logistics acquisition involving Japanese companies in as many days, and another exceptional price.