23rd June 2022 ComCom / Supply Chain
The Commerce Commission has granted clearance for Lineage Logistics New Zealand to buy Cold Storage Nelson.
Supply chain problems will soon be relieved by the rapid scaling up of New Zealand’s coastal shipping capability, according the the Maritime Union of New Zealand.
The new service will enable a more resilient New Zealand supply chain and improve vessel schedule reliability.
Move Logistics Group is undertaking further proposal development after being included as one of four firms receiving $30m co-investment from Waka Kotahi for a coastal shipping pilot.
Four transport firms will share government funding of $30m to help pilot a coastal shipping initiative.
The global freight giant is building its first cold storage facility in NZ on the back of strong demand from food exporters and importers.
As logistics challenges continue and the US market grows in importance, the NZ-founded beverage maker says it plans to start bottling in that strategic market.
Government proposals would require organisations to take action if they become aware of modern slavery or worker exploitation.
If supply chain disruption turns structural tactical responses like pricing changes will not be sufficient.
Supply chain challenges were one of the reasons behind a record number of job vacancies in the first quarter of the year according to analysis from Trade Me Jobs.
Disruption is expected to continue into 2023 with pricing to remain high for years.
Essential categories and lines will be prioritised as inbound product capacity at DCs is squeezed by Omicron absenteeism.
Omicron absenteeisms are piling pressure on supply chains, with manufacturers scrambling to retrain and redeploy staff.
And there is no quick fix available to policymakers, argue AUT economists.
The Commerce Commission has formed a working group with four other regulators to identify possible cartel behaviour in global supply chains.
Food importers and exporters could close the year battling “significant supply chain chaos,” with little respite in the new year, warns ASB.
The government has released a new report into coastal shipping as part of its drive to strengthen New Zealand’s domestic supply chain.
Supply and demand imbalance as well as a diversified global footprint work in favour of logistics company Mainfreight.