A new program designed to build the supply chain recruitment pipeline and provide training in key skill gap areas, specifically targeting women and young women to help bridge the gender gap and increase diversity in the industry, has been launched in Victoria. This innovative program aims...
It was just a few years ago that the global supply chain was considered a background mechanism in business. One that was reliable, predictable and smooth in its modus operandi. However this has undeniably changed over recent times, making it increasingly clear that global logistics...
Whilst the latest Drewry World Container Index increased by 1% last week, it has dropped 77% compared with the same week last year. The latest Drewry WCI composite index of $1,763 per 40-foot container is now 83% below the peak of $10,377 in September 2021. The latest...
ZIM has announced it will double the frequency of Port Chalmers calls on its New Zealand to Australia (N2A) shipping service. Initially launching this call on a fortnightly basis, this increase has been made in response to demand from both importers and exporters based in New...
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...
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...
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...
The Federal and Victorian Government in association with the Australasian Railway Association have signed an agreement to improve the country's rail infrastructure so it can form a bigger role in the national economy while delivering more freight services. In the near future the Government will appoint...