Global Trade

15 Jan

Posted at 01:41h in Australia, China, Freight Forwarders, Global Trade, Logistics, Shipping Containers, Supply Chain, Wine Industry by
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China has agreed to a meeting with Australia's Trade Minister Don Farrell, raising wine exporters' hopes that current trade restrictions may be lifted, allowing for the free flow of Australian wine into the Chinese market. These trade restrictions, put into place in March 2021 amid rising...

12 Dec

Posted at 20:12h in Freight Forwarders, Global Trade, Logistics, Rail, Supply Chain, Update by
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Whilst contract negotiations are well underway with eight of the 12 unions reaching approved contracts, four unions representing 60,000 rail workers have voted down the tentative agreement that had been negotiated in September with the participation of a White House appointed mediation panel.   This move exponentially increases...

12 Dec

Posted at 20:02h in Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Ocean Freight, Port Disruptions, Ports, Shipping, Supply Chain, Update by
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Protracted labour negotiations, industrial action and workplace shutdowns attributed to the International Longshore and Warehouse Union (ILWU) are causing unease for exporters across Western USA ports.   As negotiations continue with few signs of progress, there is increasing concern amongst exporters as they attempt to deal with...

12 Dec

Posted at 19:50h in Empty Shipping Containers, Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Logistics Solutions, Shipping, Shipping Containers by
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The calmer end of year shipping season has seen empty containers pile up at Chinese ports such as Guangzhou, Yantian and Shekou, marking a complete reversal of the severe equipment shortages experienced during 2021’s pandemic-induced consumer spending boom.  Indicative of the slower pace are the lower...

12 Dec

Posted at 19:48h in Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Logistics Solutions, Shipping, Trade Volume by
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US imports from Asia have experienced a substantial decline, reaching their lowest level in 20 months in October, as demand in the eastbound trans-Pacific falls from the record highs reached earlier this year.  According to data from PIERS, Asian imports in October totalled 1.44 million TEU,...

26 Oct

Posted at 10:51h in Global Trade, Trade Agreement, Update by
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Delegates from the Australian Trade and Investment Commission (Austrade) and Australia-India Business Exchange (AIBX) held their first large-scale commercial mission in India since the COVID-19 pandemic began. Representatives from over 100 Australian companies met with Indian business and government stakeholders to explore commercial opportunities across education,...

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