Hit shipping companies with port ‘access’ fees, not truckies

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 90%

United States News News

United States United States Latest News,United States United States Headlines

Hundreds of millions of dollars of fees that are charged to trucking companies annually to bring containers in and out of ports should be scrapped and charged to shipping companies instead, the Productivity Commission says.

The fees are fixed, which means there is no capacity to reward more efficient drivers, for example.

The recommendation comes as the commission concluded that there is little countervailing pressure constraining the market power of container port operators, and that inefficiencies at the nation’s major container ports cost the Australian economy about $605 million annually. It claims the charges recover costs associated with developing infrastructure, as well as maintenance and operations.

The commission has also backed the competition watchdog’s calls to repeal Part X of the Competition and Consumer Act 2010.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Agree

NSW sold off our ports to private corps so they turn in to cash in with port charges Just like toll roads

What’s the difference it all gets passed onto the consumer

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines