Competition concerns over DP World takeover of Silk Logistics
Australia’s Competition Commission (ACCC) has flagged a series of concerns over DP World’s proposed acquisition ...
DP World Australia (DPWA) is to axe 200 dock workers, blaming volume losses since September.
Yesterday’s announcement came amid a second bout of industrial action at the port operator’s Sydney, Melbourne, Brisbane and Fremantle terminals, which it said had impacted the entire supply chain, causing delays and additional costs for cargo owners and shipping lines.
“Four vessels have been redirected to other stevedores to mitigate delays, and we estimate 40 vessels and up to 110,000 containers will be delayed,” said Andrew Adam, ...
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