Freight Collusion
The good folk from our shipping companies are again busy colluding against importers. Representatives from Maersk,
Malaysian International Shipping Corp, NYK, P Nedlloyd, Pacific International Lines and Tasman Orient Line had a get-together and decided to increase their prices by
US$150 per 20' container on all shipments coming from Singapore, Malaysia, Thailand, Indonesia and Vietnam from 1 July.
They decided that this was necessary "in order to bring the current freight rates to more realistic levels" and labelled
it a "Rate Restoration." The Importers Institute congratulates the shipping companies involved for their creativity in
coining a new euphemism for blatant price-rigging.
* * *
Big Retail Conference
The 11th Asian Retailers Convention and Exhibition (ARCE) is a biennial Convention of Asian Retailers Associations from
Australia, Brunei, China, Hong Kong, Indonesia, Japan, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan,
Thailand and Fiji.
For the first time, the convention is going to be held in New Zealand. It will be hosted the New Zealand Retailers
Association in Christchurch later this year.
There will also be an Exhibition, held in conjunction with the Convention. It will provide the biggest opportunity that
New Zealand manufacturers and service providers have had, or ever will have, to meet with CEOs and buyers from leading
Asian general merchandise chains and supermarkets from North, South and Southeast Asia. For more information, go to http://www.asianretailers.org
* * *
Container Track & Trace Survey Lincoln Ventures, New Zealand - based Supply Chain Systems Group, was contracted by the Asia-Pacific
Economic Co-operation Forum (APEC) to undertake the APEC Transportation Working Group project 'Sea and Air Container
Track and Trace Technologies: Analysis and Case Studies'. The project is overseen by the Department of Transport and
Regional Services of Australia.
The purpose of the project is to assess the relative strengths and weaknesses of the range of container track and trace
technologies. Project outcomes will benefit organisations and companies in various aspects of supply chains, including
shippers, freight forwarders, importers, exporters, shipping companies, airlines, road and rail freight operators, sea
and air ports, customs and other border regulatory agencies.
The Importers Institute invites members to take a 15 minute on-line survey at http://www.lvl.co.nz/apec