Australia’s Shipping System At Risk Of “Cartel Activity”: ACCC
ACCC Chairman Rod Sims wants competition laws to change, as the watchdog warns the country’s shipping system is is dire straits. The... Read More
Reopening Demand Set To Create New Supply Problems
Reopening demand on CE and appliance retailers, coupled with shipping and supply chain issues and concern over inflation due to retailers holding... Read More
Harvey Norman Set To Spend Held Back Dividends On Stock, Containers An Issue
The decision to hold back the amount of dividend paid to Harvey Norman shareholders was taken because management wanted to be cashed... Read More
Weeks Of Disruptions Looming For Australian Retailers
Weeks of disruption are looming for Australian retailers as Chinese officials move to close more ports due to new COVID outbreaks, we... Read More
Container Prices Go Through The Roof As Shippers Make Billions
Container shipping prices have reached record highs with goods in Australia including appliances and consumer electronics set to rise as shipping companies... Read More
TNT Express Rebrands To FedEx
TNT has officially rebranded to FedEx Express in Australia, five years after being acquired by the US courier giant. As of today,... Read More
EXCLUSIVE: Black Friday Sales Face Discount Problem Due To ‘Chronic’ Stock Shortages
Retailers are reluctant to give away discounts in Black Friday sales because of chronic shortages of stock while suppliers are being “screwed”... Read More
Toll’s Global Express Worth $3.2bn, Says Japan Post Bankers As They Flog It
Leaked papers have described Toll Group’s Global Express unit as a $3.2 billion business, as owner Japan Post seeks to offload it.... Read More
CE & Appliance Industry Backed By ACCC Over Rising Port Costs
CE distributors, retailers and major brands who have spent the last six months battling issues on the Australian waterfront have won support... Read More
Cyberattack on Global Logistics Giant Gefco Could Cost Company Millions
Global logistics company GEFCO says a mystery cyberattack last week was designed to ‘disrupt’ its business operations across the world, with similar... Read More