Audio Equipment giant Bose will close every retail store across the nation. 119 outlets will permanently close across Australia, North America, Europe and Japan within the next few months, due to what the company says is a “dramatic shift to online shopping”.
The ACCC has decided not to object to Australia Post’s draft proposal to increase the prices of ordinary letter services delivered to its regular timetable, including the basic postage rate (BPR) from $1.00 to $1.10.
Genesee & Wyoming Australia (GWA) says it invested heavily in the Eyre Peninsula rail network prior to the departure of key grain customer Viterra, and has lambasted its unfair disadvantage against road haulage in South Australia. Read more
Tigers has been selected as the local logistics partner to support the launch of Asendia Oceania and provide a regional footprint for B2C and omnichannel fulfilment solutions in Australia.
Hong Kong-based Tigers has an extensive warehousing network across Australia in Perth, Adelaide, Melbourne, and Sydney, with a focus on B2C vertical markets. Read more
Australia faces significant risks to national security, energy security and climate change mitigation, due to a heavy reliance on imported oil and access to only a limited amount of fuel at any one time, according to new analysis from the Australia Institute.
The new research finds that Australia is unprepared to deal with any potential fuel security crisis.
90 per cent of the fuel consumed in Australia is derived from oil sourced outside of Australia.
In FY2018 Australia had on average access to 20 days’ worth of fuel. The emergency powers to ration fuel stocks would take up to three weeks to be implemented.
Australia’s oil production has already peaked and is likely to continue to decline.
Addressing Australia’s fuel security risks requires reducing oil use through increased fuel efficiency and transition to non-oil-based transport.
Electric vehicle uptake increases transport energy security by replacing imported fuel with domestically produced electricity.
“Last year Australia had access to only 20 days-worth of liquid fuel, but the emergency powers to ration fuel stocks take up to 3 weeks to be implemented. This means that by the time the rationing powers come into force, there may not be any fuel left to ration,” said Richie Merzian, Climate and Energy Program director at the Australia Institute.
“90 per cent of Australia’s fuel – like petrol and diesel – is sourced from overseas, and Australia only has about 20 days of fuel in reserve. Given Australia is clearly not equipped to deal with a liquid fuel security crisis, we strongly support a review of the Liquid Fuel emergency Act.
“Australia Institute research makes it clear that producing more oil in Australia is not the answer to the fuel security problem. Australia’s oil production has already peaked and there is great uncertainty surrounding the scale, quality and viability of oil production in prospective resources.
“Addressing Australia’s fuel security risks requires a reduction in oil use. This involves increasing fuel efficiency and transitioning to non-oil energy sources through electric vehicle targets and fuel efficiency standards.
“Australia is an international laggard when it comes to fuel efficiency. Weak fuel standards and an absence of a national electric vehicle policy leave Australia among the least fuel-efficient fleets in the OECD, and far behind the rest of the world in electric vehicle uptake.”
The submission, Liquid Fuel Security Review, was prepared by Tom Swann, a senior researcher at Climate and Energy Program at the Australia Institute.
Australia Post’s Digital iD service has received the highest level of accreditation for an Identity Service Provider by the Digital Transformation Agency (DTA), providing customers and businesses alike added confidence when completing their identity transactions. Read more
Texas-based Emergent Cold is moving further into the Australian market with the acquisition of Victoria- based Oxford Cold Storage.
According to a statement released by the company, this acquisition complements the broader Emergent Cold strategy of creating a global network of cold chain businesses and is subject to regulatory approval.
The organisation recently acquired Australian businesses Swire Cold Storage and Montague Cold Storage.
“This is a very exciting time for the Oxford business. The Emergent acquisition provides our staff with increased opportunities and career development. It will also provide for the opportunity to service clients across Emergent’s substantial geographical footprint and to increase our service offerings,” Paul Fleiszig, Oxford’s Operations and Marketing Director said.
“We look forward to welcoming the Oxford Cold Storage team to the Emergent Cold network. Combining Oxford with our platform will further strengthen our offering to the Australian and International market,” Neal Rider, CEO of Emergent Cold said.
Emergent Cold was founded in 2017 with the vision to be the leading global cold chain services partner for its customers. Emergent Cold has grown through a combination of business acquisitions and new greenfield developments and now has a network of 42 cold stores in five countries.
Australian Brisbane based company e-Motion Concepts (eMC) has signed a MOU with Rap Intelligent Vehicle Company, a Chinese electric vehicle manufacturer.
As part of this agreement, eMC will become the exclusive importer, distributor and service agent for the current two vehicle models which will be used for the last-mile in urban environments.
Both RAP vehicles will be fully electric three-wheel mopeds for the transport of goods in urban environments. eMC welcomes the addition of the two RAP vehicles to its expanding portfolio of Urban Transport Solutions for goods and people.
“We are very pleased to have reached this agreement with RAP-SEV. The two vehicles are novel products that provide a solution to the ever-growing challenges urban transport and deliveries have to address, whilst being innovative, efficient, electric and safe and packed with features, such as GPS tracking and remote fleet management,” Wolfgang Roffmann, founder and CTO of eMC said.
“Australia is a very promising market, we will work together with e-Motion Concepts to support their strategy to introduce the vehicles across Australia. Our vehicles have been designed to meet strict European compliance standards and our factory is equipped to support large volumes of production with paramount focus on quality control and after sales service,” Peter Wang, Chief Executive Officer of RAP-SEV said.
The vehicles will be first revealed at the upcoming Electric Vehicle Expo in Noosa, Sunshine Coast on 22 June 2019.
Mr. Roffmann further explains “These vehicles are perfectly suited to urban transport solutions. Known as the ‘first and last mile’, the RAP vehicles are smart electric vehicles designed to have a low environmental impact and a smaller footprint than traditional petrol vehicles, making transport movement more efficient, and also less impactful on the city environment”
eMC’s Chief Executive Officer, Harry Proskefalas says. “Our strategy has a strong emphasis on aligning with commercial operators including local and national courier providers, food and goods delivery, universities and local governments in delivering long-term sustainable solutions” he continued to state that “The future of logistics and transport is, high efficiency and clean energy with smart technology, and these RAP vehicles provide the solutions”
The unique RAP vehicles have been specifically designed for last mile delivery tasks in urban environments. Powered by high quality motors and fueled by Lithium batteries, a range of up to 110km per charge and a top speed of 50 km/h together with a width of 1 and 0.8m respectively they are perfect for inner city last mile deliveries.
The vehicles are also packed with features usually only found in cars, such as LED instrument screen and reversing camera and reversing radar and Bluetooth connectivity. The CT-Cargo (Bange) and the CT-Kube (OAK) are the first vehicles of this kind with a T-Box, allowing the vehicle to be remotely monitored, including GPS, battery status and health with a smart app.
RAP-SEV vehicles are currently being homologated and expected to be available in third quarter of 2019 in Australia.
Gladstone Ports Corporation’s (GPC) Board has made the decision to terminate Peter O’Sullivan’s tenure as CEO and will immediately start a merit-based search for GPC’s new leader.
In a statement regarding the CEO, the GPC revealed that Peter O’Sullivan was suspended on 13 December last year, on full pay, and has had no involvement with the day to day operations of the port since that time. The substantiated complaint related to Mr O’Sullivan’s role in a staff disciplinary matter.
Craig Walker continues to serve as the Acting Chief Executive Officer.
The GPC stated that as an active and significant contributor to the QLD and Gladstone community and economy, the focus of its employees remain on the running of a safe and busy port to ensure we deliver sustainable economic growth and social prosperity for our region.
Mainfreight has announced its full year financial results to 31 March 2019 in what the company has referred to as its “best-ever” results. Highlights include:
- Revenue $2.954 billion Up $337.39 million or 12.9 per cent
- EBITDA $257.05 million Up $41.94 million or 19.5 per cent
- Net profit (before abnormals) $141.08 million Up $29.08 million or 26.0 per cent
- Adjusted for foreign exchange impact, revenue is up 10.8%, and EBITDA up 18.0 per cent
Specifically for Australia, the company reports a revenue of AU$710.17 million, up AU$86.90 million or 13.9 per cent.
According to a statement released by the company the organisation has a relatively slow start to our financial year, but ends with satisfactory full year results.
The statement reveals plans are underway for additional domestic freight facilities in Sydney and on Queensland’s Sunshine Coast and construction of a new Adelaide facility is expected to commence late 2019.
In the Logistics business, four new warehouses were opened with an additional AU$12 million of new business.
Mainfreight’s standing in the premium beverage sector continues to grow. New warehouse business has in turn flowed into domestic freight tonnage.
Additional warehousing capacity is planned in the coming year for Brisbane, Sydney, Melbourne and Perth, including purpose-designed capacity to aid warehousing of retail dangerous goods, which will be complemented by our specialist dangerous goods transport business, ChemCouriers.
In addition, the Air & Ocean business improved both its sales growth and profitability over the prior year, with a strong emphasis on export related growth, particularly in the perishable airfreight sector. As with the balance of our Air & Ocean network globally, there is an emphasis on the development of LCL consolidation activity, the statement concludes.