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 […]

ACCC Container Stevedoring Monitoring Report 2016-2017:  Highlights

The ACCC is required by the Federal Government to monitor prices, costs and profits of the container stevedores at all Australian container ports. The ACCC Report provides information about the operating performance of the container stevedores, as well as the level of competition, investment and productivity in the industry. It also explores issues affecting the broader supply chain, […]

Would You Like to Become an Australian Trusted Trader?

As you know Stockwells recently became an official Trusted Trader, please read the below story and let us know if you would also like to become a trusted trader, which may benefit your business. Immigration Minister Peter Dutton has signed a Mutual Recognition Arrangement with China, in a move aimed at boosting trade between the […]

Australia “Bleeding Revenue” Through Petty Fraud

MILLIONS of Dollars in Commonwealth revenue is being lost due to holes in import regulations and compliance audit follow-ups in the world of international shipping. That was customs specialist and Platinum Freight Management chief executive Peter McRae’s interpretation after reading the latest Australian Border Force Goods Compliance Update. Mr McRae said the report, alongside the […]

Australian Export Confidence Strong

australian export confidence

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, […]