Subscribe to RSS feedStevedores feel ACCC lash in wake of report
AUSTRALIAN Competition and Consumer Commission (ACCC) chairman Graeme Samuel took up the cudgels against Australia’s stevedoring duopoly again this week, saying its rate of return was double the average of the country’s top 200 listed companies, despite the economic downturn.
In releasing the ACCC’s 11th annual container stevedoring monitoring report this week, Mr Samuel also welcomed signs that state governments were moving to introduce more competition in the major container ports.
“The ACCC’s report shows that performance of the stevedores...
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