trade Archives

Global trade rebounds from COVID-19 to record high

According to the United Nations Conference on Trade and Development (UNCTAD), world trade’s recovery from the coronavirus pandemic hit a record high in the first quarter of 2021, increasing by 10 per cent year over year and 4 per cent quarter by quarter. Read More

Industry says increased surcharge will devastate Australia’s economy

Victoria International Container Terminal has increased their infrastructure surcharge following an increase by DP World in May and Hutchinson in Brisbane who have increased fees by almost 100 per cent. Read More

Q1 statistics reveal International trade trends during COVID-19

The impact on international trade across G20 economies varied widely in the first quarter of 2020, with Australia’s exports falling by 3.7 per cent.
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Alliance welcomes new head of border and biosecurity

The Freight and Trade Alliance (FTA) has appointed a new head of border and biosecurity.
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Australian exporters could have access to $50m in financial support

The Australian Federal government has announced a new financial support loan to help Australian exporters bounce back. Read More

Government Ministers affirm critical role of the freight sector

The Australian Transport and Infrastructure Council has affirmed the critical role the freight sector plays in providing essential supplies of food, medicine or other goods.
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Coronavirus crisis takes a $2.3B toll on shipping volumes and freight rates

The air and sea global freight industry are confirming that a “return to the norm” is months away, some have suggested September or longer until both a full return to productive work and sufficient supply chains are in place. Read More