Pricing trends International freight has been severely impacted by the Coronavirus pandemic. The FBX Index shows pricing has almost doubled over the last 12 months. Recent commentary has suggested some of the specific reasons behind these increases. The following...
This time last year, we reported to you that there had been a 20% decrease in freight rates over the previous 12 months. A year is a long time in freight, even in normal circumstances and with unprecedented disruptions caused by the outbreak of COVID-19 across the...
Is your management team trying to finalise future purchasing decisions? Forecasting for transportation costs has many variables which may impact the costs of your goods by 10 – 20%. Estimates are based on rates that often change month-by-month. Even with...
GST On Low Value Imported Goods Department of Home Affairs have issued the following notice regarding GST on low value imported goods. “From 1st July 2018, the Goods and Services Tax (GST) may apply to goods with a customs value of $1,000 or less (low value...
New changes to infrastructure charges – DP World DP World Australia (DPWA) yesterday informed their customers that they will be increasing the “infrastructure charges” for import and export containers in Melbourne, Sydney and Brisbane our biggest...
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