Australian transport firm Toll Holdings has launched a nationwide express package service in New Zealand in an attempt to break open the market duopoly of CourierPost and Freightways, the Dominion Post reported.

Toll’s group general manager, Greg Miller, said the launch of Toll Ipec was in response to demand in the marketplace.

Toll will go up against the New Zealand Post/DHL joint venture CourierPost and Freightways which hold 85 percent of the express package market.

Miller said Ipec would transport packages weighing between five and 25 kilos, and had invested in a fleet of 55 small trucks and vans.

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• Toll launches New Zealand express service

     Australian transport firm Toll Holdings has launched a nationwide express package service in New Zealand in an attempt to break open the market duopoly of CourierPost and Freightways, the Dominion Post reported. Toll’s group general manager, Greg Miller, said the launch of Toll Ipec was in response to demand in

• Toll, ANL partner for Bass Strait Shipping Service

     TOLL Holdings and ANL Container Lines have announced a partnership to create a new shipping service across the Bass Strait. The joint venture between the companies, known as Toll ANL Bass Strait Shipping, will officially commence on 12 August 2009. ANL will withdraw the ANL Bass Trader from service between

• Current CMA CGM improve rate: Europe, Australia and New Zealand

    French Container Line CMA CGM has announced an increase in freight rates in the Europe to Australia and New Zealand in order to “restore freight rates to a sustainable level.” The move follows in the footsteps of a similar rate hike on trade between India/Pakistan and Europe by the carrier

• CMA CGM accuses Europe / Oceania Prices

     CMA CGM said it is increasing rates in both directions between Europe and Australia-New Zealand. Southbound, from Europe to Australia and New Zealand, rates will rise $300 per TEU, while northbound from Australia and New Zealand to Europe, rates will rise $200 per TEU. The rate hikes go into effect Sept. 15. On

• Louis Vuitton launches new circuit

     (AP)  A new world circuit of America’s Cup-class yacht racing will start in November, making stops in New Zealand and Italy and featuring 10 teams.  Eight entries, including Emirates Team New Zealand and American syndicate BMW Oracle, have already been confirmed. Organizers said Tuesday the two others will be announced in days.  Source

• Asia-Pacific Express loses $ US3b in a downturn

    A major shipping company says the industry has lost $US3 billion in the Asia-Pacific region alone during the downturn, but New Zealand is holding up well. Jesper Praestensgaard, chief executive of the Maersk Line’s Asia-Pacific region, says in many ways shipping is a leading indicator of how the global economy

• Toll acquires leading U.S. Freight Forwarding

    Toll Group, the Asian region’s leading provider of integrated logistics services, today announced the acquisition of Summit Logistics International (Summit), one of the United States’ leading independent freight forwarding and supply chain businesses.

• Majority scrap load port terminated

    The biggest cargo of scrap metal to leave Wellington headed out of CentrePort yesterday, but some of it may eventually end up back in New Zealand.

• Panama vows to implement road toll costs

    The administrator of the Panama Canal has vowed to press ahead with a programme of steep toll increases despite complaints that they are aggravating the shipping market crisis. Alberto Aleman Zubieta told the Financial Times that traffic through the canal, which links the Pacific and Atlantic oceans via an 80km

• Does not add tolls to the shipping crisis, says Panama

    The administrator of the Panama Canal has vowed to press ahead with a programme of steep toll increases despite complaints that they are aggravating the shipping market crisis. Alberto Alem?n Zubieta told the Financial Times that traffic through the canal, which links the Pacific and Atlantic oceans via an 80km

• Danaos Corporation Announces Date for the Release of the third quarter and nine months 2009 Results, Conference Call and Webcast

     Earnings Release: Wednesday, November 11, 2009, After the Market Closes in New York Conference Call: Thursday, November 12, 2009, at 9:30 A.M. EST Athens, Greece, November 3, 2009 – Danaos Corporation (NYSE: DAC) today announced that it will release its results for third quarter and nine months ended September 30,

• Toll itself raises doubts future port

    TasPorts has raised concerns about the future of the state’s ports after a deal between shipping companies ANL and Toll. ANL has cancelled its Melbourne to Bell Bay container ship the Bass Trader and will instead bring containers into Burnie under a deal with rival Toll Holdings. TasPorts Chief Executive Robert Barnes

• Australia, New Zealand to join ASEAN

     The ASEAN-Australia-New Zealand Free Trade Agreement will come into force 01 January 2010, following discussion between ASEAN leaders at the East Asia Summity in Thailand late October. The Free Trade Agreement will establish the ASEAN-Australia-New Zealand Free Trade area, spanning 12 economies with more than 600,000 million people and a

• OOCL-to-Oceania Europe raises rates

     OOCL said it is raising rates from northern European, Mediterranean and Black Sea ports to Australia and New Zealand by $100 per TEU beginning March 1. The line also said it will begin charging a ‘peak season surcharge’ on shipments from northern Europe to Australia and New Zealand on the same

• N. Zealand: a call for fewer ports glut between ship

    Port of Tauranga says the need for port rationalisation in New Zealand has become more urgent. Chairman John Parker told the annual meeting yesterday that the collapse of world trade meant there was a surplus of container ships with an estimated fifth of container capacity set to be idle by