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, […]

Queensland freight road to receive $400m upgrade

The Federal Government has approved the $400 million funding to start work on Stage 1 of the Mackay Ring Road project in Queensland. Federal Minister for Infrastructure and Transport, Darren Chester, said delivering $397.9 million towards the project was another element of the $8.5 billion task of fixing the Bruce Highway. Federal Member for Dawson, […]