The recent fire aboard the car carrier vessel Felicity Ace in the Atlantic (pictured above) focused all the stakeholders in the auto shipping industry on the issue of what to do about electric vehicles (EVs) that spontaneously combust while being transported at sea. The cars on the ship burned with such intensity that parts of […]
News
Pallet Shortage: The Next Jolt to the Supply Chain
A whole host of issues, including natural disasters, the Covid pandemic and the conflict in Ukraine, have combined into a “perfect storm” that has created a shortage of shipping pallets, both nationally and worldwide. Recently we have been reporting on the various obstacles facing the global supply chain such as the Covid lockdowns in China […]
Freight Data Hub is Established
Australian freight data has taken a leap forward with the launch of the National Freight Data Hub prototype website. The Australian Government announced $16.5 million of funding in the 2021-22 Budget over four years to develop the Hub further. In an announcement this week, Deputy Prime Minister Michael McCormack said the Hub will be a trusted source of freight data for […]
The Responsibilities of Shippers & Consignees
The Australian Border Force (ABF) has issued its first Australian Customs Notice (ACN) for 2021. It is numbered 2021/01 with the title: Definition of ‘consignment’ for the purposes of section 68 of the Customs Act 1901. (It is to be noted that this advice supersedes ACN 2006/59). Importers are advised that they should take steps […]
New Push to Halt Imports Made by Slavery
Almost 25 million people in the Asia-Pacific Region alone are estimated to be enslaved in global supply chains.  Credit: Bloomberg Australia’s world-leading attempts to tackle modern slavery around the globe will be empowered with a $10.6 million national action plan which was funded in the last budget. The funding is also designed to help equip […]
Importers Must Comply with Origin Rules
Ruling by the ACCC Consumer watchdog the Australian Competition and Consumer Commission (ACCC) has carried out compliance checks across a range of frozen fish products, becoming concerned the products displayed a misleading ‘Made in Australia’ mark. Popular fish brands like Birds Eye, I&J and Neptune will no longer be sold as being ‘Made in Australia’ […]
Colless Young Celebrates 40 Years of Service!
The origins of our company were established in October 1980, when the founders, Derek Colless and Paul Young, commenced trading from a one-room office in the suburbs of Brisbane as Colless Young & Co. The pair had previously worked together for two multi-national forwarders during the 1970s, which had been an exciting decade for the […]
Exchange Rate for Customs Purposes
For Customs purposes, when importing cargo into Australia, the Valuation Date for applying the rate of exchange on the import entry has long been subject to finding out the date at the place of export. Where goods are packed in a container, the day of exportation is the day the container leaves the place where […]
Information on Tariff Concession Orders
Tariff Concession Orders (TCOs) are an Australian Government revenue concession that exists where there are no known Australian manufacturers of goods that are substitutable for imported goods. The Tariff Concession System is designed to assist manufacturers with tariff protection. It is administered by the Australian Border Force (ABF). Many domestic manufacturers use a mix of […]
Mutual Recognition Arrangements
The Australian Border Force (ABF) has this week issued a reminder notice to importers and exporters about Mutual Recognition Arrangements (MRAs) which recognise Australian Trusted Traders in economies where Australia has arrangements in place. Administered by Home Affairs with the Australian Border Force, Trusted Trader is free and accredits Australian businesses with compliant trade practices […]
