News / Australian box depots ease payment terms for cash-strapped operators

Australia’s empty container depots – and at least one major stevedore – have agreed to extended payment terms for cash-strapped transport operators.

Software provider Containerchain, which collects ’notification fees’ on behalf of empty container depots, said today that payment terms would be extended from 14 to 21 days for the next three months, providing some respite to logistics firms struggling with the fallout from the coronavirus pandemic.

MD Chris Collins said: “We too are feeling the economic impact, but we want to ...