Australian shipping operations – 'they've never been in a worse state'
The ongoing “disarray” in Australia’s container supply chains will mean empty shelves for some retailers ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
It appears the days of Auckland as a major port for New Zealand are set to come to close after a government-commissioned study concluded that its cargo operations should be moved. This exhaustive report from WorldCargo News details how landside pressures have made operations at Auckland increasingly expensive – both economically and socially. It currently appears that Northport, located some 145km away, is the favourite to handle its cargo, but expect a long battle from the Ports of Auckland executive: “Ports of Auckland CEO Tony Gibson has slammed the report as a ‘jumble of made up facts’, in particular with regard to its its valuation of the port’s property. ‘This is the fifth port study in my eight years as CEO and, well, let’s say it’s not the best’, he said.”
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