The Loadstar - Protect Australian trade from foreign carriers and their overseas masters

Thursday, May 6, 2021
SOURCE: https://theloadstar.com/protect-australian-trade-from-foreign-carriers-and-their-overseas-masters/ 

EXTRACT:

Australia's freight associations have called for a 'FMC-style' federal regulator to oversee foreign-owned shipping lines and their "overseas masters".

The Freight & Trade Alliance (F&TA) and Australian Peak Shippers Association say serious disruption to international supply chains is jeopardising access to markets for importers and exporters.

F&TA director Paul Zalai said: "Market forces are failing to provide basic protections to critical sectors of commerce, with devastating effects felt by retailers, manufacturers, farmers and rural communities".