Australia and UK Announce Historic Free Trade Agreement, Opening New Opportunities for Australian Businesses
In a significant development for trade and economic cooperation, Australia and the United Kingdom have announced the upcoming implementation of the Australia-United Kingdom Free Trade Agreement (A-UKFTA), commencing on the 31st of May 2023.
How to prepare your supply chain for the impacts of Chinese New Year
It is no secret that China dominates in global manufacturing and export industries. As a result, much of the globe has come to rely heavily on this ‘World Factory’, which is why businesses worldwide need to take heed and prepare for the upcoming Chinese New Year holiday. Chinese New Year will commence on January 22, […]
End of Financial Year Update – 2021/22
By Angela Gambell, Director of Sales & Marketing We have had relative stability over the last few months, the first in a very long time. I believe this relative stability is short lived and we should buckle back down for some more rate turbulence. Shanghai has fully re-opened and there is now a backlog to […]
Ocean Network Express Ready to Launch in 2018
K Line, MOL and NYK are banking their future group profitability on the success of the Ocean Network Express (ONE) – the merger of the Japanese transport groups’ respective container businesses scheduled for April. According to reports, the trio say they expect to save ¥50bn ($440m) in costs in the first fiscal year ending 31 March 2019m […]
Australian Export Confidence Strong
According to a recent study, New Zealand tops the Australian export trade list, with 56 per cent of local exporters conducting business with NZ over North America (51 per cent) and China (42 per cent). The 2016 DHL Export Barometer indicates that trade between Australia and New Zealand is likely to continue on the ongoing growth path, […]
At the Frontline of the Hanjin Failure
What happened to Hanjin Shipping? It was a day like any other day, except it turned into a crisis like no other. A crisis that had impacted numerous countries, businesses and individuals. A moment in time where the 7th biggest shipping line in the world went into administration and 141 of their vessels around the […]
The Outlook for Logistics
According to MHD (Transport Intelligence Report, 2017, 47(2), pg6), 2016 has been the weakest year for the global economy since the Great Recession of 2008-09. Global economic growth was just 2.3% in 2016, down from 2.7% in 2015. Looking forward, some of the World Bank’s expectations for 2017 are: Global growth is projected to rise […]
