Transport and Logistics

McAleese off 15% on profit warning

Shares slip as Cootes Transport parent says March earnings below forecasts.

We'll build airport rail link: Napthine

by AAP
1 comment
Vic govt to build rail link to Melbourne airport, details to be outlined in May budget.

New laser-based data collection technology to improve Australia's roads

The Traffic Speed Deflectometer looks like a semi-trailer but is filled with computer servers and lasers.

Transurban and co shape up as motorway front runners

A consortium consisting of AustralianSuper, Tawreed Investments and Transurban could be the front runners in the auction of Queensland Motorways.

Sydneysiders get Optus coverage on eastern rail tunnels

Telco switches on mobile phone coverage for Eastern Suburbs/T4 line from Redfern to Bondi.

GIC joins IFM, Borealis for Qld Motorways bid

After the departure of Ontario Teachers’ Pension Plan, IFM and Borealis have secured Singapore’s sovereign wealth fund to boost their bid for Queensland Motorways.

McAleese CEO, CFO resign

Paul Garaty and Chris Nunn set to depart group, shares slide.

Qube in $230m capital raising

UBS has underwritten a $200 million share sale to fund managers and Qube intends to sell $30 million of shares to individual investors.

Auto Holdings to buy three businesses for $184m

UBS will underwrite a share sale for the automotive group, with the proceeds going to fund a series of acquisitions.

Smartphone app to track public transport woes

University of Sydney's RateIT will allow commuters to exchange real-time information about services with transport providers and each other.

Spanish infrastructure group Albertis eyes NSW toll roads

Spanish group holds talks with NSW govt in move that could challenge Transurban.

Mullen warns on economic recovery

Asciano CEO sees no signs of sustained economic recovery, especially in ports, rail businesses.

NSW short-lists trio for $1.6bn light rail project

SydneyConnect, iLinQ and Connecting Sydney have been asked to detail their design, construction and services relocation plans for the Sydney infrastructure project.

Cootes hits back over potential ban

Embroiled transport group says it has a case to keep operating.

Cootes faces NSW ban: govt

by AAP
Trucking firm given 14 days to explain why it shouldn't be banned.

Vic government to offload Melbourne port

by AAP
Australia's busiest port to be auctioned off, $6bn pricetag attached.

Coles drivers covered by retail award: court

1 comment
Court reportedly rules transport award does not apply to supermarket's drivers.

SG Fleet down 8.6 per cent on debut

The vehicle-leasing business has had a weak showing on its first day of trade on the ASX.

Beijing Capital wins Transpacific unit with speed

The Chinese state-owned enterprise beat Carlyle, Macquarie and an investor group led by Infratil to buy Transpacific’s New Zealand waste management business.

A cool $1 trillion rolls into Sydney for CHAMP

CHAMP Private Equity hosts an annual investment day for its limited partners tomorrow with 100 investors from around the world.