Transolve Global | Global Trade

15 Feb Red Sea Impacts Supply Chains Across The Globe

Posted at 10:41h in Freight Forwarding, Global Trade, Logistics, Ocean Freight, Port Disruptions, Red Sea, Shipping by susan pop 0 Comments

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Recent attacks by Yemen-based Houthi forces on commercial ships in the region, followed by retaliatory strikes by U.S. and British warplanes, ships and submarines on Houthi bases, have raised concerns about widening conflicts in the region. As a result, shipping lines are diverting  a growing number...

15 Dec Australia-European Union (EU) Trade Will Not Proceed

Posted at 01:00h in Australia, Australian Exports, European Union, Free Trade Agreement, Global Trade by susan pop 0 Comments

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The proposed trade agreement between Australia and the European Union will not proceed after negotiations failed to achieve the desired outcome. Whilst discussions have been underway since 2018, the proposed trade deal was believed to have disadvantaged Australian farmers, as it did not let enough of...

07 Dec Ample Expansion Opportunities Across South-East Asia

Posted at 00:10h in Australia, Australian Exports, Global Trade by susan pop 0 Comments

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The Australian Government recently launched its trade strategy for South-East Asia. This strategy highlights both the fact that Australia’s current trade and investment in this region is underdone and that there are significant prospects for Australian businesses to expand in these markets. The current level of...

07 Dec Argentina Foreign Trade Update

Posted at 00:04h in Argentina, Global Trade by susan pop 0 Comments

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With increasing restrictions due to a lack of dollars in Argentina's Central Bank Reserve, the Government had initiated implementation of SIRASE (Com A7771), which is a specific authorisation for the payments of services abroad for foreign trade services such as freight, storage and other services. However,...

06 Dec Fireside Chat: Key Trends Impacting Global Logistics

Posted at 23:57h in Event, Global Trade, Logistics by susan pop 0 Comments

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Join Rachael Budd for this one-hour Fireside Chat with Transolve Global to explore the current logistics trends and challenges faced by businesses across the globe. Key trends impacting global logistics: How to prepare and optimise your supply chain for the peak season ahead. When: Wednesday 13...

06 Dec Global Air Cargo Recovery Remains To Be Seen Amongst Challenging Economic Conditions

Posted at 23:46h in Air Freight, Global Trade by susan pop 0 Comments

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According to the International Air Transport Association (IATA) June saw the smallest year on year contraction in global air cargo markets since February 2022, with a 3.4% decrease in global demand compared to the same time last year. As at June 2023, demand has decreased 8.1%...

06 Dec Strategy Program To See Australian Wine Flow Into USA

Posted at 23:34h in Australia, Global Trade, USA, Wine Industry by susan pop 0 Comments

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Wine Victoria has announced a plan to implement a $2.2 million USA Market Development Strategy that aims to increase the sales of premium Victorian wine across the United States of America. This plan will deliver several programs over the coming years that amplify the presence of...

15 Aug The truth about the peak season ahead

Posted at 17:48h in Business, Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Logistics Solutions, Ocean Freight, Ports, Shipping, Shipping Containers, Supply Chain, Trade Volume, World Container Index by Susan 0 Comments

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There's been substantial commentary around the lack of a perceived peak season in 2023 however given the rapidly changing situation across the ocean's trade routes, how accurate does this claim continue to be? Whilst traditionally the premise of a peak season is based on the volume...

15 Aug VICT Container VGM Check Weighing – Weight Discrepancy Fee

Posted at 17:44h in Australia, Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Ports, Shipping, Shipping Containers by Susan 0 Comments

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Since 1 June 2023, Victoria International Container Terminal (VICT) at Webb Dock, Melbourne has been applying a VGM Weight Discrepancy Fee for full import and export containers determined to have a variance over or under one tonne from the container's Verified Gross Mass (VGM) declared...

15 Aug Australian barley tariff overturned, will wine be next?

Posted at 17:42h in Business, China, Free Trade Agreement, Global Trade, Trade Agreement, Wine Industry by Susan 0 Comments

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With the recent announcement that China has officially ended tariffs on Australian barley, the Australian Government has confirmed they will aim to replicate the effort on remaining sanctions against wine. Agriculture Minister Murray Watt hailed the end of Chinese tariffs on Australian barley and said the...