Ryder System – don't mention the 'I' word
Will 2024 be the trough?
In Part One, headed ’Victoria – Shitoria’, I provided the context for the dire financial situation the Australian state of Victoria faces, including multi-billion-dollar budget overruns and aspirational completion dates for key road & rail infrastructure projects.
This follow-up explains how your freight routes will be affected as a result.
It’s official – you suck
Predictably, the Australian Business Council has ’awarded’ Victoria as the worst place to do business – the state has the highest taxes compared with ...
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
Keep our news independent, by supporting The Loadstar
Shippers should check out the 'small print' in China-US tariff cuts
Spot rates on transpacific surge after news of tariff time-out
China-US trade tariff pause could drive a rebound for transpacific rates
Carriers impose 'emergency operation' surcharges on Pakistan cargo
'Cargo collision' expected as transpacific capacity tightens and rates rise
15% rebate for box ships as Suez Canal Authority woos carriers
Comment on this article
chris dunphy
January 25, 2025 at 12:39 amSadly all true.
The unions hold considerable sway and have done their level best to bankrupt Victoria via CFMEU work practices.
It’s incredible how “safety” has been weaponised to the point where 2 lanes on a 3 lanes freeway are closed for hours while a crew of onlookers watches a guy change a lightbulb off the verge of said freeway! Also in the name of safety the sole operating land speed is reduced from an already ridiculously low 80km/h to 40km/h !!!
Fortunately union corruption & woke bureaucracy appear to be on the wane: let’s hope for a resounding Labour exit in upcoming VIC / Federal elections.