ATN 22/3/2019 - 'Broken' container freight system shortcomings detailed
As FTA director Travis Brooks-Garrett points out to ATN, shipping lines have been beneficiaries of lower stevedoring rates due to consolidation and yet are passing on higher Terminal Handling Charges to shippers "even though shippers are now also paying a terminal infrastructure fee". "Competition has resulted in stevedores reducing the prices they charge shipping lines to attract or retain business," the submission states. "That lost revenue has then been recovered via landside charges, or 'infrastructure charges', an unregulated charge for access to international container terminals. "The result has been a disaster for Australian exporters, who have, in some cases, such as Melbourne, experienced price increases of over 2,000%, in only a few short years. Full article available HERE |