NZ MPI Detector Dog Frisbee had an interesting find recently, sniffing out the unusual parcel contents at the International Mail Centre. The wrongly-labelled package was imported from China and contained three animal skulls with tissue still attached.
The issue of port congestion has been well covered in the media over the past year or so, but discussions generally tend to focus on difficulties in ports themselves or on decisions made by shipping companies.
Undoubtedly, there are significant problems there, but there are a lot of links in the supply chain, and sometimes it’s easy ju ...
4-minute read (5-minute listen)
In an interview, Heather du Plessis-Allan talks to Sam Dickie from Fisher Funds about why the global shipping crisis might be wrapping up.
How can you grow your business quickly and sustainably? How can you tell which opportunities are worth pursuing? And what should you do if success takes longer than anticipated?
Here, NZTE private sector advisor Stefan Preston suggests the mindset you need to adopt, and the kind of business model you need to have to sustain rapid international growth.
Supply chain chaos will likely persist through to the middle of next year, Jim Snabe, chairman of German conglomerate Siemens and Danish shipping firm Maersk said in an interview with CNBC this week.
Schedule reliability among the global container lines remains at the bottom of the range with only one-third of vessels operating on schedule.
The new data from research and advisory services company Sea-Intelligence shows only slight improvements in reliability and a small reduction in wait times confirming that progress will be slow in the recovery for the container shipping companies.
New Zealand businesses have experienced major disruptions as a result of COVID-19, including those businesses in offshore markets. Disruptions experienced by NZ exporters have had flow-on effects to the domestic economy.
Marine insurance claims have never been more topical, not just with shipments being compromised globally through congestion delays but with other one-off incidents hitting the headlines, such as thousands of containers that were stuck on the Ever Given in the Suez Canal and containers having literally gone up in smoke on the X-Press Pearl of Sri Lanka.
Supply chain disruptions have been among the key stories during the pandemic. Congestion and lack of capacity have led to large increases in shipping prices. But for importers & exporters, the different modes of transport are not always a perfect substitute.
The road freight industry is big business in New Zealand, generating about $6 billion in turnover a year. About 260 million tonnes of freight is moved by road each year, accounting for about 93% of New Zealand’s total freight task.