FREIGHT WAR IN AUSTRALIA
Bu Tel.—Press Assoc. Copyright. Aust. and X.Z. Cable Assoc. Rec July 8, 10.20 a.m. Sydney, July 8 The freight war among interstate steamship companies continues. It is estimated that as a result of reductions in freight rates since October last the shippers between the various ports affected have saved about £200,000 and another reduction of £50,000 has been secured by competitive tendering for freighting the Queensland sugar crop to* the Soul hern retmery. Reductions in freight have also, led to an increae in the volume cj. in-ter-State trade. A striking instance cf the reduction is wool, which was formerly carried at 11/6 for au ordinary bale and 10/ dumped. Tt is now quoted at 7/ generally ami ir seme cases 6/6.
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Bibliographic details
Bay of Plenty Times, Volume LII, Issue 8628, 8 July 1924, Page 5
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125FREIGHT WAR IN AUSTRALIA Bay of Plenty Times, Volume LII, Issue 8628, 8 July 1924, Page 5
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