Australia’s freight associations have called for a ‘FMC-style’ federal regulator to oversee foreign-owned shipping lines and their “overseas masters”.
The Freight & Trade Alliance (F&TA) and Australian Peak Shippers Association say serious disruption to international supply chains is jeopardising access to markets for importers and exporters.
F&TA director Paul Zalai said: “Market forces are failing to provide basic protections to critical sectors of commerce, with devastating effects felt by retailers, manufacturers, farmers …
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Source: The Loadstar