News / Protect Australian trade from 'foreign carriers and their overseas masters'

Australia’s freight associations have called for a ‘FMC-style’ federal regulator to oversee foreign-owned shipping lines and their “overseas masters”.

The Freight & Trade Alliance (F&TA) and Australian Peak Shippers Association say serious disruption to international supply chains is jeopardising access to markets for importers and exporters.

F&TA director Paul Zalai said: “Market forces are failing to provide basic protections to critical sectors of commerce, with devastating effects felt by retailers, manufacturers, farmers and rural communities”.

With global container shipping demand at record levels, ...