Australian Competition and Consumer Commission (ACCC) Releases Container Stevedoring Monitoring Report 2020-21- Revealing that Supply Chain Disruptions are leaving Australian Businesses Vulnerable

The disruption to the container supply chains has left Australian businesses vulnerable, according to the Australian Competition and Consumer Commission (ACCC). The ACCC released its annual container stevedore monitoring report which looks at the impact of the current global logistics crisis on Australia’s container trade, as well as the prices, costs, and profits of stevedores at Australia’s international container ports. This report showed that delayed shipments and rapidly rising freight rates were putting “intense pressure” on importers and exporters.

The commission ...

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