Coronavirus leads RBA to lower cash rate
RESERVE Bank Governor Philip Lowe has cited the global coronavirus outbreak as the reason for lowering the cash rate by 25 basis points to 0.50%. “The coronavirus has clouded the...
Industry boosts engagement in circular economy
CHEMISTRY Australia has established Plastics Stewardship Australia to promote the sustainable use and recovery of plastics, in a move that has been welcomed by The Australian...
Freight forwarders urge common sense over Brexit
FREIGHT forwarders have urged common sense and compromise as negotiations get underway regarding the future relationship between the United Kingdom and the European Union. British...
Virus a threat to already stagnant economies, analyst says
CORONAVIRUS risks seriously impeding international and domestic economic growth, a conference in Victoria has heard. Principal consultant with investment consultancy JANA, Duncan...
BluJay Solutions acquires Expedient Software
INTERNATIONAL supply chain and data solutions specialist, BluJay Solutions, has announced it has acquired Expedient Software. Expedient provides customs and forwarding software...
Industry must be “informed and educated”, says VTA CEO
VICTORIAN Transport Association CEO Peter Anderson has spoken of reforms to Victoria’s heavy vehicle licensing system, driver training and education, and equity and fairness for...
Lobby group condemns Senate motion on vaping imports
A LOBBY group called the Australian Retail Vaping Industry Association, part of the Australian Retailers Association, has criticised Senator Stirling Griff for engineering the...
Wiseway announces half year results
A “MORE diversified income stream” was listed as a highlight of freight forwarder Wiseway Group’s results for the six months to December 31. Key figures included: Revenue of...
Port of Tauranga reports “stable profitability”
PORT of Tauranga has announced what it says is “stable profitability” for the first six months of the 2020 financial year, despite total cargo volumes dropping 4.2% to just under...
Customs board announced to provide industry perspectives on border modernisation
AUSTRALIAN Border Force has announced the composition of a board to provide advice on customs issues at the border. The ten-member Customs Advisory Board features an industry...
Liberia strengthens Norwegian presence
THE Liberian Registry is opening a new full-service office in Oslo, Norway. This marks Liberia’s fourth new office opened since 2019, as the Registry continues to grow its global...
WiseTech stocks take a dip on coronavirus fears
STRONG growth for the first half of the 2020 financial year have failed to prevent a slump in WiseTech shares on the Australian Stock Exchange. The tech/forwarding giant was...
OPINION: How the coronavirus highlights the perils of the US-China trade war
DONALD Trump’s September 2015 assertion that the North American Free Trade Agreement was a “disaster” gave prescient notice of what lay ahead. The economic nationalism of America...
Virgin Atlantic Cargo announces new Manchester-Delhi service
BUSINESSES moving £20bn of trade between the United Kingdom and India each year will enjoy a direct link to and from the North of England from October 2020 when Virgin Atlantic...
Freight and rail focus a feature of Infrastructure Priority List
INDUSTRY groups says a focus on freight and rail is a positive element of the latest Infrastructure Australia priority list. The list was released this week and serves as an...
