On-time performance by global carriers in the last quarter of 2009 significantly worsened from the first half of the year. From a high of nearly 68% in the second quarter of 2009, carriers were on time only 53% of the time in the last quarter, AmericanShipper.com says, citing research by London-based Drewry.
The United States Australasia Discussion Agreement (USADA) member lines have called for a general rate increase of US$150 (NZ$209) per TEU and $300 (NZ$419) per FEU to apply on dry and refrigerated shipments moving from the United States to Australia and New Zealand.
Automation and software solutions for the Australian, New Zealand and Southeast Asian food and beverage industry is expected to grow at a rate of 10-15%, according to a report from FoodMag.com.au, citing a Frost & Sullivan report.
There are about 189,000 registered foreign sites where food is made for sale in the United States but the FDA inspected just 153 in 2008.
Countries using the euro account for four of New Zealand’s top 20 export markets. The NZ dollar rise is making exports expensive for Europeans, Radio New Zealand says.
A US federal proposal is being put forward that would provide an estimated US$20 million (NZ$27 million) for apple farmers to switch to new varieties such as Honeyscrips that sell at a premium compared to the traditional variety such as McIntosh, according to an Associated Press (AP) report.
Korean food industry representatives will have an unprecedented opportunity to sample fresh, pure food and beverage items from New Zealand when they attend Seoul Food and Hotel 2010.
The recent session of the Canton Fair attracted 203,996 overseas buyers from 212 countries and regions around the world, down 1.3% from its spring session in 2007.
HAMBURG SUD and CCNI (Compania Chilena de Navegacion Interoceanica) have announced their decision to restore capacity to pre-financial crisis levels in the trade between Asia, Mexico and South American West Coast.
Fenchem, the Chinese producer of dietary supplements and functional foods, has opened an office in Vitkovice, Czech Republic with the aim of doubling the size of its European business, according to NutraIngredients.com.
Australia’s Westpac bank has begun buying carbon offsets from New Zealand forest owners with the aim of selling them to big polluting firms as part of the country’s emissions trading scheme, according to a Reuters report.
In its consumer surveys carried out in 2008 and 2009, Datamonitor found that 25% of global consumers said products with reduced packaging had a high or very high degree of influence over their purchases, with the same number saying they bought such goods most or all of the time.
Last year Chinese consumed 21 billion litres of mineral water and annual sales of premium-bottled water are expected to top 10 billion yuan (Z$2 billion) in five years, according to ChinaDaily.com.