This is part of a lengthy online article in 'The Australian' that should be in the paper tomorrow:
"...KordaMentha was hopeful of selling the (Scott's Refrigerated Transport) business as a going concern, saving its 1500 jobs and protecting supermarket food supplies. But Team Global Express and Linfox ruled themselves out as potential bidders, with KordaMentha receiving only one confirmed bid believed to be from ASX-listed trucking provider Lindsay. Australia Ltd.
It is understood that potential bidders were concerned about the age of Scott’s fleet and warehouses. Transport logistics providers operate on slender margins of 3-5 per cent, meaning companies have to be as efficient as possible to stay in business.Scott’s, while Australia’s biggest refrigerated logistics company, was also competing against the likes of Newcold, which opened a fully automated warehouse, requiring few staff and with 225,000 pallet positions, in Melbourne’s western suburbs in 2017..."
The Transport Workers Union is holding protests in front of Aldi stores on Tuesday 7 March as that supermarket (unlike WOW and COL) refused to sign a supply chain charter and had allegedly lost in court twice against the TWU. (IGA was not mentioned.
I never shop at foreign-owned Aldi or Costco.
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