Digital freight forwarder Explorate raises $7.5m
BRISBANE-based digital freight forwarder, Explorate, has secured $7.5 million in funding, with the capital fuelling growth and strategic partnerships to firmly establish its...
IFAM to assist in the delivery of millions of RATs to Australia
THE International Freight Assistance Mechanism is facilitating the delivery of up to 52 million rapid antigen tests to Australia. The RATs will be flown in from Asia and the US...
Toll Group opens office in the Philippines
THE Manila-based office enables Toll Group to effectively support local businesses in their supply chain needs, as well as having greater autonomy and control over operations and...
Rise in cargo theft driven by conditions at congested US ports
DATA from freight insurance specialist TT Club and the supply chain services and solutions team at BSI, shows that storage facilities in the United States were targeted in 45% of...
FTA works with partners to provide Rapid Antigen Tests
IN response to an extraordinary demand by supply chain participants following the Omicron outbreak, Freight & Trade Alliance (FTA) has partnered with Protective Health as a part...
VICT introduces temporary COVID tariff
VICTORIA International Container Terminal announced on 17 January that customers will be charged a COVID recovery tariff from 1 February 2022. Referred to as a “temporary” fee,...
Port operator handles record container numbers in 2021
WITH a definitive increase on the previous year, Singapore’s port operator PSA has recorded container throughput of 91.5 million TEU at its 50 locations globally from...
Road transport and imports up for Wiseway in Q2
AUSTRALIAN-listed logistics provider, Wiseway Group, announced its trading update for the three months up to 31 December 2021 (Q2 FY22). Highlights included revenue growth of 19%...
Biofuel trial voyage from Australia carrying malting barley
A TRIAL voyage using biofuel for grain industry co-operative CBH Group, is being performed on the Edwine Oldendorff from Australia to Vietnam. The vessel loaded 30,000 tonnes of...
Supply chain disruptions halve November air cargo growth: IATA
DATA released by the International Air Transport Association (IATA) for global air cargo markets shows slower growth in November 2021. Supply chain disruptions and capacity...
Shipping platform to benefit from predictive intelligence
MARITIME predictive intelligence company Windward has partnered with Maritech to provide its risk scores to the Sea/ digital platform. The Sea/ platform enables charterers,...
Transaction heralds new age in exchange of ownership
AS the result of a partnership between fund manager TradeFlow Capital Management and the Baltic Exchange, a pilot escrow transaction as part of a commodity trade has been executed...
Drewry World Container Index continues to rise
THE average composite index of the World Container Index, assessed by Drewry for year-to-date, is $9409 per 40-foot container, which is $6574 higher than the five-year average of...
December air cargo demand dampened
DECEMBER demand in the general air cargo market put a final dampener on 2021 peak season volumes as continuing supply chain issues, congestion on the ground, and concerns over the...
Men charged with alleged plot to import meth into WA
A JOINT release from the Australian Federal Police and Australian Border Force has revealed that three men have been charged over an alleged plot to import almost $100 million...
