How not to bring in $438m of ice

A joint-agency investigation has commenced after methylamphetamine worth more than $400 million was intercepted by law enforcement at the border.
On Saturday 30 March 2019, Australian Border Force (ABF) officers at the Sydney Container Examination Facility examined a container.
It was declared to contain electronic ovens but was found to contain 11 commercial refrigerators. X-rays revealed inconsistencies within their construction.

The refrigerators were unpacked and seven were found to contain a total of 561 packages of white crystalline substance, with presumptive testing returning a positive indicator for methylamphetamine, otherwise known as ‘ice’.
Forensic analysis determined the packages contained a total of 585kg of ice, which has an estimated potential street value of $438 million.
The drugs have since been seized and a joint investigation established by the Australian Federal Police, NSW Police Force’s Organised Crime Squad, and the Australian Border Force.
On Friday 5 April 2019, two search warrants were executed at a commercial premises at Wetherill Park and a home at Edensor Park.
During the searches, officers seized documents relevant to the investigation and electronic storage devices.
Joint investigations under Strike Force Collarene continue.
Anyone with information in relation to organised criminal activity is urged to contact Crime Stoppers: 1800 333 000 or https://nsw.crimestoppers.com.au. Information is treated in strict confidence.

UPS tops global logistics list for brand value

US logistics company United Postal Service (UPS) has been named the world’s most valuable logistics brand, according to the latest Brand Finance Logistics 25 report, despite a one per cent year-on-year decrease in brand value to US$22 billion ($28 billion).
UPS was followed by FedEx in second place, Japan Railways in third and DHL in fourth.
“There is no doubt that forging a distinct brand helps a business to build resilience,” said Richard Haigh, Managing Director, Brand Finance. “As Amazon prepares to launch ‘Shipping with Amazon’, having a strong brand can help protect incumbents from this new competition. Powerful brands alone will not be enough to prevent Amazon from gaining a foothold in the industry, however they will allow breathing room for the existing brands to riposte and limit their loss of market share.”
FedEx’s acquisition of TNT Express helped it achieve its second-place position, Brand Finance found, though notably the Petya cyber attack created a loss of revenue due to decreased volumes.

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