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Australian container ports show poor productivity, report finds

( September 9, 2022, 00:40 GMT | Official Statement) -- MLex Summary: Australian container ports are underperforming, a report from the country's top economic advisor has found. Lifting productivity at container ports could save business and consumers A$605 million each year, Australia's Productivity Commission said in a media release accompanying its draft report. The draft report found that a lack of competition is increasing consumer prices as transport operators have no choice about which terminal they use when picking up or dropping off a container, so must pay whatever price a terminal operator sets.The full statement from the Productivity Commission follows; an overview of the draft report is attached....

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