US-based container lessor CAI International has announced a $1.35bn investment which will see 700,000 new containers hit the sea. This initiative is in response to an anticipated increase in demand due to the shortage which has resulted from the volatile conditions across the Red Sea and...
An authorised Maritime Union of Australia (MUA) stop work meeting will be conducted at the DP World Melbourne Terminal from 9:30am -2:00pm on Wednesday, 30th October 2024. Please note that all terminal operations will cease during this period. FOLLOW US FOR THE LATEST NEWS! Simply click here to follow...
Qantas Freight has officially become the first freight airline to operate at Western Sydney International (Nancy-Bird Walton) Airport's (WSI) 24-hour Cargo Precinct. The precinct will increase Sydney's air cargo capacity by around 33 per cent upon opening and provide dedicated access to nearby freight and logistics centres, with...
Last month the Chinese-leased Darwin Port signed a "friendly cooperation" agreement with Shenzhen Port in Southern China to support a closer relationship and boost trade opportunities. This non-binding Memorandum of Understanding (MOU) aims to increase trade links between both strategic maritime gateways, boost trade opportunities and...
The period July 2023-January 2024 saw a decrease of 24% in volume and 22% in value for New Zealand wine exports, with a slight recovery growth of 6% by June 2024. Although this trend is reflective of the current state of global wine consumption, New Zealand...
The Australia-United Arab Emirates Comprehensive Economic Partnership Agreement has been finalised. This initiative will see Australian exporters tap into a market of 58 million consumers with a combined GDP of AU$1.4 trillion. This trade agreement has been welcomed by the Australian wine industry as the UAE...
The International Longshoreman's Association (ILA) and United States Maritime Alliance Ltd have reached a tentative deal on wages and extended their existing contract through to 15th January 2025 to provide time to negotiate a new contract. This move brought a conclusion to the potential ILA...
Now is the ideal time to review your logistics and see how you can optimise your operations in order to better reach your goals, which could include reducing costs, saving time or finding unearthed efficiencies. As one of the industry's most experienced international bulk liquid freight...
Congratulations to our founder and CEO Rachael Budd for her win at the Australian Women's Business Awards in the Transport and Logistics category!! A finalist amongst esteemed businesses, this award is a testament to her dedication to our valued customers and team, and her drive...
The latest Drewry World Container Index (WCI) saw a steep decrease with the index falling by 8% to US$4775 per 40-foot container as at the start of September, which is 54% below the previous pandemic peak of US$10,377 in September 2021. The average composite index for...