Australia’s terminal operators have offset dwindling container volumes and quayside revenue by hiking controversial ‘port infrastructure’ charges.
According to the Container stevedoring monitoring report 2018-19, published today by the Australian Competition and Consumer Commission (ACCC), throughput at the country’s terminals increased just 0.2% to 7.88m teu – the second lowest rate in a decade.
Furthermore, full container lifts fell 4.9%, compared with a 14.6% uptick in empty container lifts.
https://theloadstar.com/australian-box-terminal-operators-offset-falling-volumes-by-hiking-fees/