Newsletter July 2024

Newsletter July 2024

| Customs Department (IMPORTANT)

We wish to notify you about significant updates concerning new fees and charges for biosecurity and imported food regulatory activities, effective from 1 July 2024. These changes, implemented by the Department of Agriculture, Fisheries and Forestry (DAFF), are aimed at maintaining and enhancing our biosecurity measures to safeguard Australia’s unique environment and agricultural sectors.

The updated fee schedule includes revisions to various charges affecting stakeholders in the import and shipping industries. Key adjustments involve increases in fees such as the Full Import Declaration (FID) charge for air and sea shipments, alongside modifications to fees for inspections, examinations, and other regulatory activities. These adjustments are critical to ensure the sustainability and effectiveness of our biosecurity measures.

For comprehensive details, please refer to the DAFF website:

139-2024: 2024-25 Prices for Biosecurity and Imported Food Regulatory Activities

* These documents outline specific changes and provide insights into the reasons behind the fee adjustments.

As the implementation date approaches, we encourage you to familiarise yourself with these updates to anticipate any impacts on your operations and billing procedures. Should you have any queries or require further clarification, please don’t hesitate to contact the customs department or your Freight Mart representative at 1800 300 904.


| Red Sea Crisis

The Red Sea crisis presents significant challenges to global shipping and trade. It is marked by ongoing hostilities, rising shipping costs, and widespread disruptions across supply chains. Recent incidents include repeated drone and missile attacks on merchant vessels, resulting in severe damage and casualties. Military efforts led by US and UK forces aim to address these threats amidst escalating geopolitical tensions and regional instability.

The crisis has had a profound impact on shipping routes, leading to increased expenses and delays due to rerouting measures. Economically, there has been a surge in container rates and heightened war risk premiums, which are reshaping global trade dynamics. Additionally, concerns about environmental impacts have arisen due to extended shipping distances, contributing to higher greenhouse gas emissions.

Industry responses include rate adjustments and surcharges implemented by major carriers such as Maersk and MSC. These measures are aimed at navigating operational challenges and alleviating financial pressures amid the ongoing crisis.

 


| Global Shipping Update

The global shipping industry is grappling with disruptions caused by the Red Sea crisis, leading to heightened freight rates and logistical complexities. Major shipping lines, including ANL and CMA CGM Group, have announced adjustments to rates and additional surcharges effective from 1 July 2024. These measures are intended to address rising costs exacerbated by supply chain disruptions, such as port congestion and equipment shortages in key hubs like Europe and Singapore.

To mitigate these challenges, we recommend exploring alternative shipping routes, consolidating shipments, considering air freight for urgent deliveries, and maintaining flexibility in scheduling. Strategic planning and close collaboration with logistics partners are essential to navigating these turbulent conditions and ensuring the resilience of supply chains.

We remain committed to supporting your business during this period of uncertainty and will continue to provide updates as the situation unfolds. For further assistance, please do not hesitate to contact our dedicated customer service team.

Thank you for your ongoing partnership and understanding.


| Navigating Australia’s Shipping Landscape: Trends, Challenges, and Future Outlook

The second quarter of 2024 has brought significant changes to Australia’s shipping sector, impacting both imports and exports. As your trusted logistics partner, we are committed to keeping you informed about these developments and their implications for your business.

Key Highlights:

Imports:
Australia has experienced a surge in consumer goods imports, driven by a robust economic recovery and increased consumer spending. Despite improvements, challenges like port congestion and persistent container shortages continue to disrupt import schedules. However, advancements in digital logistics and customs processes have notably improved efficiency, reducing clearance times and operational costs.

Exports:
The agricultural sector has shown steady growth, supported by favorable weather conditions and strong demand from Asian markets. Meanwhile, Australia’s mineral exports, particularly iron ore and coal, remain crucial despite fluctuations in the global market. There is also a growing emphasis on sustainable export practices, aligning with global environmental standards and enhancing Australia’s market competitiveness.

Industry Challenges:
Persistent shortages of 40-foot containers from North East Asia have resulted in increased rates and logistical complexities for both importers and exporters. Additionally, new regulatory changes require strategic adjustments by shipping companies.

Future Outlook:
Looking ahead, Australia’s shipping industry is poised for growth with a focus on resilience and sustainability. As your dedicated partner, we are committed to delivering excellence and innovation to meet all your shipping needs in these dynamic times. We look forward to continuing our partnership and navigating these evolving landscapes together.


| Western Australia Invests in Port Enhancements

Western Australia has announced a significant investment of AUD $373 million from its 2024-2025 budget to enhance port infrastructure. This investment will rebuild and upgrade berths and mooring equipment at Fremantle, Kwinana, and Esperance ports, construct a new freight wharf in Dampier, and undertake roadworks at Utah Point in Port Hedland. Additionally, a $500 million Key Industries Fund will develop infrastructure in 13 Strategic Industrial Areas. This funding will support vital mineral processing and green hydrogen production, benefiting the shipping industry by improving efficiency and capacity.

These enhancements will directly benefit our customers by ensuring a resilient and sustainable supply chain for the future.

 

 

 


| Jerome Gallagher

This month let’s get to know a bit more about Jerome Gallagher, our Corporate Account Manager from Perth, Australia.

Do you have a nickname?  Part timer 😂
Which Freight Mart branch are you at? Perth, Head office.
Which year did you join Freight Mart International? Feels like eons ago 2010 next year will be 15 years of service! 
Favourite/Go to Snack Food? Do 2 min noodles count Mee Goreng 😋
Pets? Nope, I’m a mean dad I keep getting told 😂

What do you do in your spare time? Camping, Cycling, Cooking, fishing being on the water 🚤  that’s my happy place. 
Sports – Playing or watching – both or neither? Does fishing count? 🎣
Most used App? The Face Book
What was your first paying job? Showing my age here but I was a bowser boy pumping gas, checking oil and pumping up car tyres for $3 an hour. 
Who inspires you? My mom, she’s always there and always looks at the good things in life no matter how bad it is.
Biggest Fear? Cockroaches man, I hate those things 😬 Don’t judge me 🤣
When you were a kid what did you want to be when you grew up? Darth Vader, man to have a lightsabre would have been awesome 😂
Favourite Books, Movies or TV shows? Movie. Mad Max 2: The Road Warrior, it’s an Australian classic!
Coffee or tea? Mocha I’m massively caffeine sensitive coffee makes me go crazy and loopy 🤣

What is your most prized possession? hmm, it’s a toss up here between my boat and road bike. Both give me the freedom to just cruise.
If you could choose a superpower, what would it be? To fly everyone wants to fly like Superman.
Do you have a secret talent? I’m an amazing cook everyone loves my cooking.
What is your workout song? Eminem lose yourself!! “Mom’s Spaghetti”, who can’t work out to that classic? 
What’s the top destination on your must-visit list? Japan I’m teaching myself how to speak it at the moment! Konichiwa 😆
What’s your most-used emoji? 😂😘😬 I have 3 they change daily 🤣


Employee Milestones and Celebrations

| Kevin Chua, 15 Years @ Freight Mart 

We are delighted to announce that Kevin Chua is celebrating his 15-year work anniversary with us at Freight Mart! Please join us in congratulating Kevin on this remarkable milestone of loyalty and commitment. Throughout his tenure, Kevin has been the cornerstone of our company, bringing his exceptional skills, knowledge, and unwavering dedication to every task.

Kevin, your journey with us has been truly inspiring. Your hard work and resilience have significantly shaped our success over the years. We are sincerely grateful for your outstanding contributions and the positive impact you have had on our team and customers alike.

Congratulations, Kevin, on 15 years of outstanding service! Here’s to many more successful years ahead!

CONTACT US TO DISCUSS YOUR REQUIREMENTS WITH OUR TEAM OF EXPERTS