ACCC warns of market failures after soaring stevedore profits

 

Exporters and importers are calling for urgent reform, after the consumer watchdog described the increased costs of loading and unloading ships as a 'market failure'.

The consumer watchdog has been examining stevedoring profits which have jumped 130% over the past 5 years. 

Rural Editor Emily Minney spoke with Freight and Trade Alliance General Manager Tom Jensen about the situation.