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The ACCC's 2023-24 container stevedoring monitoring report finds that disruptions and higher costs persist in the container freight supply chain. Some importers paid four to 11 times as much for ocean freight as a year earlier.
The report cites Panama Canal restrictions, Red Sea attacks, and industrial action at DP World terminals.
The report concerns containerised cargo and stevedoring charges rather than bulk feed commodities, so its direct effect on feed prices is limited.
accc.gov.auAustralian Competition, Consumer CommissionDec 20, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
