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 […]

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, […]

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, […]

Global Logistics Market Worth $16,063bn by 2022

global logistics market

The global logistics market is forecasted to reach US$12,256 billion ($16,063 billion) by 2022 (Logistics Magazine, 2017). ‘Logistics – Global Opportunity Analysis and Industry Forecast, 2014 – 2022’ projects a CAGR of 3.48% from 2016 to 2022, with Asia-Pacific dominating the global market in terms of revenue – accounting for more than a 34 per […]