Transport and Logistics

UGL eyes moderate growth in FY15

Group says DTZ sale on track to be completed in early Nov, eyes capital return.

Transpacific warns on tough conditions

Group still assessing financial impact of grounding of its fleet in August after fatal accident.

McAleese unloads US aviation business

Transport group sells its Beta Fluid Systems business based in North Carolina for $US5.5m.

Aurizon reaffirms FY volume guidance

Group still expects FY coal volumes to be between 210mt and 220mt after 1% increase in Sept quarter.

UPS profit lifts in Q3

Packaging and delivery service eyes e-commerce surge in the holiday period.

Asciano chief bides time on Patrick sale

John Mullen says he is in no hurry to sell a stake in the Patrick Ports business.

Toll Holdings endures tough Q1

Supply chain company confident of earnings growth in FY15 despite weaker-than-expected Q1.

Asciano update key for investors

Shareholders eagerly awaiting news on talks with suitor China Merchants Group.

Toll's ACCC victory sets a dangerous precedent

The ACCC has rubber-stamped Toll's agreement with the Transport Workers Union – a decision that will harm national productivity.

Chinese group only bidder for Mexico rail

by AFP
Project aims to carry 23,000 passengers per day at speeds of up to 300 kilometres per hour.

CBA takes 5% stake in ERoad

by AAP
Commonwealth Bank takes 5.19% stake in NZ logistics and fleet management company ERoad.

Transurban lifts Sept qtr revenue

Toll road operator lifts statutory toll revenue by 63.9% on strong performance of Sydney network.

Vale’s iron-ore carriers are a game changer

Vale's new bulk carriers are the largest ever built and dramatically cut the price of Brazilian ore exports - if, that is, China will let them dock.

Transurban seals $850m CityLink upgrade

Transurban signs contract for widening of Tullamarine Freeway, work starts October 2015.

ACCC wants toll roads, lower fuel taxes

by AAP
Consumer watchdog chairman wants toll roads to fund new roads, lower fuel tax.

Aurizon warns over competition limits

The freight operator says any cap on its revenues could harm future spending plans.

Aurizon concerned as Qld limits revenue

Queensland competition authority limits rail freight company Aurizon Network's revenue to $4.02b.

Adam Watson named Transurban CFO

Toll road operator appoints former Melbourne Airport CFO and ex-Lend Lease exec to key roles.

Vale signs new 25-year shipping deal

Mining giant seals agreement with China Merchants Group, eyes improved shipments to China.

Petrol pumps deny website allows fixing

by AAP
Petrol retailers deny suggestions a website listing live pump prices could enable price fixing.