Mainfreight Air & Ocean Australian Bulletin | September 2014
In an ever changing international environment knowledge is power. Below is a snapshot of news that may be of interest to you.
Imports into Australia
1st September 2014 - FAR EAST ASIA (China, Hong Kong, Taiwan & Korea)
Sea Freight - Carriers have published another General Rate Increase (GRI) of USD$300 per TEU. With the Mid-Autumn Festival holiday approaching we expect continued fluctuations in this trade.
Far East Asia Capacity
Further capacity will enter the trade between China and Australia from November, 2014 when CMA/CGM, PIL and OOCC launch a new service.
Trucking in China - Update
From the 01st July, 2014 the China Government has implemented a policy to upgrade trucking emission standards. At the same time driver awards have also increased. Effects of these changes have seen strikes in Ningbo and a shortage of transport options in some ports as new rates come into effect. We expect some small market increases in China inland services as market conditions settle.
15th September 2014 - SOUT EAST ASIA (Thailand, Malaysia & Indonesia)
Sea Freight - Carriers have published another General Rate Increase (GRI) of USD$300 per TEU. We expect final adjustments to fall short of the published quantum amount and will advise in due course.
1st October 2014 - USA
Sea Freight - Carriers have published a General Rate Increase (GRI) of USD$250 per TEU.
1st October 2014 - FIJI
Sea Freight - Carriers have published a General Rate Increase (GRI) of USD$200 per TEU.
Other News
Owens Wharf Cartage Fuel Adjustment Factor - September 2014
STATE | FAF | |
Queensland | 11.78% | |
New South Wales | 14.9% | |
Victoria | 13.9% |
Mainfreight Releases New Freight Tracker
Should you require any additional information pertaining to any of the above, please feel free to contact your Sales or Customer Service Representative.
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