High ocean freight rates of recent years were caused by the market forces of supply and demand in a supply chain challenged by the COVID-19 pandemic and an unprecedented surge in consumer demand. That's the OFFICIAL finding from the U.S. Federal … [Read more...]
A U.S. style Federal Maritime Commission for Australia? It’s a Frankly Mad Call!
Well, we've heard of some really terrible policy proposals, but the call to set up a Federal Maritime Commission (FMC) in Australia is probably one of worst of recent years. And that’s saying something! In a nutshell, the forerunner of the US … [Read more...]