DCN - National focus key to freight productivity, says FTA

PRODUCTIVITY reform requires coordinated national-level intervention, rather than continued reliance on voluntary codes and fragmented state-based approaches, the Freight & Trade Alliance says.

The FTA has just lodged its submission to the Select Committee on Productivity in Australia, challenging what it argued was shipping line market concentration and poor vessel turnaround times at ports.

"Australia's productivity is being materially undermined by persistent and escalating inefficiencies and cost impositions across the supply chain. A significant driver of these inefficiencies is the structure of the global shipping market," the FTA wrote.

"Meaningful productivity reform will require coordinated national-level intervention, rather than continued reliance on voluntary codes, fragmented state-based approaches or incremental administrative changes."  

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