Toll Group has been hit by a suspected cyber security breach, causing a shutdown on a number of the company’s IT systems.
Over the past year, Kaufland held multiple ‘sod turning’ ceremonies to begin construction on multimillion-dollar stores and distribution centres in Queensland, South Australia and Victoria.
A Nordic based full-service International logistic organisation has acquired an Australian freight forwarding business.
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.