Air & Ocean Market Review 2017

Air & Ocean Market Review 2017
Airfreight Capacity Explodes There is no denying that Airfreight demand is on the rise, in fact the unprecedented growth of up to 11.4% this season has seen significant delays particularly in the transatlantic & transpacific routes. We beg to question whether our click happy fingers of e-commerce is the sole driver of this growth or perhaps it’s fair to say we were blindsided this year by the fact our global Airfreight capacity was never up for t

Europe, South East Asia & China FCL Space Issues

Europe, South East Asia & China FCL Space Issues
Please be advised that the Australian import market is currently experiencing severe space shortages on the European, South East Asia and China trade lanes. This is in part due to shipping lines rationalising their fleets due to massive over supply of capacity which they have decreased in the past 12 months. This lowered capacity has resulted in successive Gross Rate Increases (GRI's) as the carriers vessels are now full. Please note that it is expec...

Changes to Packing Declaration Requirements

Changes to Packing Declaration Requirements
Biosecurity (formerly AQIS) have advised of a pending change to Packing Declaration requirements. These changes are to take effect from 20th November 2017: Bamboo packing is to be removed from the Unacceptable Packing list Bamboo packing is to be added to the Timber Packing list as acceptable packing materials (if accompanied with acceptable treatment certificate) along with solid wood (timber) Please note, Bamboo Packing is not considered an...