May 14, 2020
If you were to ask almost any business in Australia which relies on imported or exported goods to comment on their supply chain costs, the resounding groan and corresponding eye-roll should provide a fairly good indication of the pain being felt by many. Let’s not beat around the bush, moving freight globally and even domestically can be downright expensive. We’ve all heard the horror stories of freight costs equalling or exceeding the actual value of the goods being transported – whilst that’s a terrifying scenario, unfortunately it’s nothing new. The real question is ‘why?’ – Why does it cost so much to move something from point A to point B? Surely it can’t be that complicated, right? The truth is, it kind of is complicated. Correction – it can be complicated. The sheer number of parties that may be involved in any one shipment can knock the uninitiated about – seller, buyer, shipper, consignee, consignor, notify party, manufacturer, shipping…