Discover the important news in freight and learn more about what it means to be a ‘trusted trader’ in Australia in October’s update.
Glossary of freight measurement terms
MYC is proudly accredited as an Australian Trusted Trader.
An Australian Trusted Trader is one that is accredited by the Australian Border Force (ABF). The accreditation is designed to streamline legitimate trade for Australian businesses and requires businesses to go through a thorough and extensive process.
MYC Logistics gained the Australian Trusted Trader in 2019. The accreditation means that cargo shipped through us receives both priority processing and priority treatment at the border.
It also means that MYC is a prominent player in the Australian freight industry and has access to a variety of reports and events exclusive to Australian Trusted Traders.
What’s happening in shipping this month
Here are the top news items in shipping for October 2021:
- As we are now in the 2021-22 BMSB risk season, DAWE is emphasising that it is important cargo procedures are adhered to reduce delays and storage costs. It’s also vital that goods subject to BMSB are treated offshore, if possible, to support this.If goods are unable to be treated offshore, then containers should be packed suitably for effective onshore treatment. DAWE has provided guidance around BMSB treatments.You can view these treatment factsheets for yourself here.
- FTA/APSA are engaging with the ACCC to identify the terms of its review on the international shipping sector and shipping competition matters.This comes after FTA/ASPA were provided correspondence to the European Commission that called for a focus on “shipping competition matters, vulnerabilities in supply chains, oversight of Alliances outside the scope of the Consortia BER, cooperation between parties, monitoring of the market, Maritime Regulatory Summit and initiating the EU review.”Find out more here.
- CMA CGM have announced its new ‘Freetime Extended’ offering that has the potential to make the supply chain process simpler and enables a customisable solution for companies.Read more.
- As a result of power shortages in China, multiple factories have halted production, resulting in delays in supply. Rationing has been implemented during peak hours in many parts of northeastern China.The power shortages are largely a result of a shortage of coal supplies, strong demands, and toughening emissions standards across China.Learn more here.
If you have any questions or feedback, please don’t hesitate to get in touch with your MYC liaison or call us on +61 8 9253 0121.
What is LCL?
Less-than-Container-Load. This term refers to small ocean-freight shipments, which don’t have the full capacity of a container. When quoting an LCL shipment, we use CBM if the weight is less than 1000kg.
What is ‘CBM’ and how do I calculate it?
CBM, also known as Cubic Meter, is the freight volume of a shipment. To obtain a shipment’s CBM, measure the length (L), width (W) and height (H) of your item(s). Then multiple L x W x H.
What’s happening in shipping right now?
Here are the top news items in shipping right now:
- Many Australian terminals are experiencing up to 7 day turnarounds to unload containers when they arrive. This news comes as Patrick Terminals continues discussions with local MUA representatives.
- The Department of Agriculture, Water and the Environment has announced that there will be changes in requirements for fumigation of imported goods.
- ANL/CMA-CGM have announced a general rate increase from 1st August 2021 to all cargoes from Korea, China, Japan, Hong Kong and Taiwan.
- In wake of the recent stay-at-home orders in New South Wales, the NSW Government has provided a much-needed exemption for freight workers, granting them the ability to leave the
Fairfield, Liverpool and Canterbury-Bankstown local government areas for critical work.
- In wake of the recent stay-at-home orders in New South Wales, the NSW Government has provided a much-needed exemption for freight workers, granting them the ability to leave the Fairfield, Liverpool and Canterbury-Bankstown local government areas for critical work.
- As of 12th July, all FCL/FCX containers packed with all types of goods in a khapra beetle target risk country and unpacked in a rural grain growing area of Australia will be subject to mandatory offshore treatment.
- Brown Marmorated Stink Bug (BMSB) measures will apply to goods that have been shipped between 1 September 2021 and 30 April 2022 from high risk countries. Find out more here.
- Svitzer, one of two main tugboat operators in Australia, has seen MUA action taken against it as the MUA move to take protected industrial action against working conditions. The campaigns will see a series of strikes conducted across Melbourne, Western Port, Fremantle, Kwinana, as well as NSW and South Australia.
- MSC Mediterranean Shipping Company is advising that a rate restoration will be implemented on all cargo originating from India, Pakistan, Sri Lanka to Australia and New Zealand as of the 15th June 2021.
- CMA CGM has announced a General Rate increase (GRI) applying to export shipments from all New Zealand ports to all Australian ports. This will be effective as of 1st August 2021.
- With the new restrictions around international arrivals, and only 3035 people able to arrive in the country per week, freight will see more delays and a hike in prices, especially coming up to the Christmas period.
If you have any questions or feedback, please don’t hesitate to get in touch with your MYC representative or call us on +61 8 9253 0121.