Topic “Featured News” — Exporter Magazine

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. 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. 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.