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WEIGHBRIDGE UPDATE

In recent times, the port supply chain has been faced with an increasing challenge to manage overweight import containers entering the road network via Australian ports. The challenge impacts not only infrastructure with increased maintenance and upgrade costs but is a real safety…Read More >>

OCEAN CARRIERS HAVE IDLED 5 PERCENT OF FLEET

Container shipping lines have idled about 5 percent of global fleet capacity, or 800,000 20-foot equivalent units, as demand for container shipping space slows, according to Maersk Line CEO, Soren Skou. That figure could soon increase to more than 1 million TEUs, a level not seen…Read More >>

MINISTER PRAISES DP WORLD RAIL UPGRADE

“DP World’s rail upgrade at Port Botany will help the state government move closer to its aim of moving 28% of all freight through the port by rail,” New South Wales Ports Minister Duncan Gay says. Its rail work expansion had the potential to lift rail moves by 500 a week or…Read More >>

US RETAIL SALES UP 1.1 PERCENT IN FEBRUARY

Mild winter weather and pent-up demand for autos helped U.S. retail sales rise 1.1 percent from the previous month and 6.5 percent from February 2011, the Commerce Department said. Building suppliers saw a 13.8 percent jump in sales from January as home-improvement retailers enjoyed…Read More >>

DP WORLD UNIONS, WHARFIES BANNED FROM INDUSTRIAL ACTION

Fair Work Australia has banned DP World wharfies from carrying out industrial action at the stevedoring company’s New South Wales and Victoria terminals. The ‘DP World Industrial Action Order 2012’ requires that there be no industrial action including, but not limited to; bans,…Read More >>


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Leading News Items

OCEAN CARRIERS HAVE IDLED 5 PE...
Container shipping lines have idled about 5 percent of global fleet capacity, or 800,000 20-foot equivalent units, as demand for container shipping space slows, according to Maersk Line CEO, Soren Skou. That figure could soon in...
Read More >

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