Ruakura Inland Port has welcomed its first goods train, signalling the transformation of freight movement across New Zealand’s Upper North Island. This new $60 million, nine-hectare customs-controlled cargo facility marks an exciting new opportunity for importers and exporters, saves up to 30% freight cost for cargo...
A recent legal ruling has seen the Dairy Companies Association of New Zealand's (DCANZ) claim that Canada has failed to implement its dairy market commitments under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) validated. The panel of international trade law experts upheld NZ's claims...
The NSW Government has released the Final Report of the Independent Review on the Ports and Maritime Administration Act (the Act) and the Port Botany Landside Improvement Strategy (PBLIS). This report coincides with an announcement by the NSW Minister for Transport, Jo Haylen, of a policy...
The International Forwarders & Customs Brokers Association of Australia (IFCBAA) is calling for the establishment of a dedicated regulatory body: an Australian Maritime Commission. Outlined in a three-point plan, IFCBAA recommends that the regulatory body hold certain powers, which include, but are not limited to: stevedore...
As a result of rains over the last quarter, the Panama Canal has revised its daily allowance to 24 vessels per day. At this point in time, the authorities of Panama Canal see no need for further vessel restrictions until at least April, when they...
As we enter the third month of attacks on commercial vessels, there remains no sign of an end to the deteriorating security situation across the Red Sea. With the situation expected to remain volatile for months, shipping lines are settling into their "new normal" of longer...
As at the time of publication, the Victoria International Container Terminal (VICT) was forced to close on Wednesday 21st February with all bookings cancelled through to 9am Thursday 23rd February, resulting in a more challenging situation with regards to obtaining timeslots for imports, exports and...
The Drewry World Container Index (WCI) has increased these past few weeks, but has overall experienced a drop of 28% when compared to the same period last year and is now 7% more than average 2019 (pre-pandemic) rates. The following trade routes all experienced an increase...
The Port of Oakland has announced that due to rising operational costs they are adjusting their gate fees effective 1 March 2024. FOLLOW US FOR THE LATEST NEWS! Simply click here to follow our LinkedIn Company Page to stay up-to-date with the latest industry news that may impact your...
With a swirling vortex of compounding factors from the Suez and Panama Canal and peak-season surcharges, to the Houthi of the Red Sea through to the general rate increases, there is no doubt that businesses across the globe are being hit with a whirlwind of...