The Australian Government has announced that the Australia-United Kingdom Free Trade Agreement will come into force 31 May 2023. This agreement will remove tariffs from over 99% of Australian goods exported to the UK. The goods included in this agreement are wine, short and medium grain...
According to shipping analyst, Sea-Intelligence, global schedule reliability is demonstrating a vast improvement. In the most recent performance report, statistics show an improvement increase of 7.7% per month, reaching a reliability of 60.2%. Global reliability was 26% higher in February 2023 than in February 2022. In...
China's Ministry of Commerce has confirmed that it is willing to work with the Australian government to resolve the wine tariff dispute. This wine tariff, which was placed upon Australian wine producers in November 2022, saw wine exports to China fall from $1.3 billion per...
At Transolve Global we are always looking at ways to improve the customer experience. That's why we have partnered with Logixboard, a dynamic and streamlined customer platform that will help improve the management and control of your freight operations. With real-time shipment visibility and management, a...
The US Federal Maritime Commission (FMC) is requesting terminal operators and the 11 largest container lines calling the US to confirm whether they are charging shippers demurrage and detention (D&D) fees when port facilities are closed. This follows a precedent for "unjust and unreasonable" fees, which...
There is no doubt that 2023 has seen the logistics and shipping landscape return to what appears to be a state of normality. Freight rates across major trade routes continue to decline to pre-pandemic levels and supply chain bottlenecks have also predominantly been restored to...
In a tripartite deal with the US and UK, Australia has announced a plan to acquire a fleet of up to eight nuclear-powered submarines, which is forecast to cost up to $368 billion between now and the mid 2050s. According to the Australian Government, this AUKUS...
Work has commenced on improving Tasmania's state road network under the $100 million Freight Capacity Upgrade Program. This program aims to increase the freight capacity of critical and regional freight routes throughout Tasmania by strengthening or replacing various bridges and improving sections of roads, ultimately increasing...
After less than a year of operation, MAERSK has announced that it will phase out its New Zealand Coastal Connect service. This will be completed over the month of April 2023. Whilst the New Zealand Coastal Connect service will be phased out Maersk has announced that...
In 2022, Australian wine exports to Southeast Asia grew by 16 per cent in value to $305 million and 56 per cent in volume to 27 million litres. Consisting of a diverse group of markets and home to more than 686 million people, the nations of...