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TRUCKING INDUSTRY * Australia & New Zealand
* Australia - Suffering under high costs
Sydney,VIC,AUST -Supply Chain Review -June 26, 2008: -- Trucking operators and owner-drivers are in danger of being forced out of business as running costs rise and customers refuse to pay levies, the Victorian Transport Association (VTA) warns... VTA Chief Executive Phil Lovel says many in the industry are struggling to maintain costs between the period of purchasing fuel and waiting for the levies to be paid... He says delays are impacting heavily on the financial viability of small to medium companies to the point where prime contractors are being forced to provide funds just to keep drivers afloat... This, he adds, is exacerbated by companies refusing to compensate operators and owner-drivers for rate increases. Although the Australian Trucking Association (ATA) argues trucking companies can stay viable by simply adjusting their fuel levies, Lovel says it is not as easy as it sounds as not all clients accept greater charges...
* New Zealand - Express carrier Hills bought by state-owned NZ Post
Auckland,NZ -Supply Chain Review -June 18, 2008: -- The government-owned New Zealand Post is expanding its Australian express business with the acquisition of Sydney-based carrier Hills Transport... SupplyChain Review understands a deal to absorb Hills as a wholly-owned subsidiary will be announced within days. The deal is expected to go through on July 7...
posted by Unknown @ 9:04 AM
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