Transport and Logistics

McAleese extends share suspension

by AAP
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Haulage contractor extends voluntary share suspension as it continues talks with troubled Altas Iron.

Doubt rising on Recall bid

Doubt has been cast over speculation Recall may buy its $US1.8bn Canadian rival Shred-it.

Aurizon gets FWA tick on new contracts

by AAP
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Ports and rail operator hails 'landmark' decision, says new enterprise agreements will now be finalised.

Eclipx soars 20% on ASX debut

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Fleet management and car financing group rallies over 20% on initial public offering.

Uber battle heats up in WA

by AAP
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State transport minister Dean Nalder says the government had filed its first prosecution against Uber and there's more to come.

Brambles reaffirms profit guidance

by AAP
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Logistics giant eyes FY underlying profit up to $US1.085bn, lowers revenue guidance.

Asciano coal haulage slips in Q3

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Rail and port operator posts 2% slide in coal volumes in the three months to March.

General Electric swings to $US13.6bn loss in Q1

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Group takes charge on finance division divestment, earnings narrowly beat expectations.

Melbourne port dispute drags on

by AAP
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DP World Australia says a dispute over rent at the Port of Melbourne is turning operators away.

Trevor Gerber named Syd Airport chairman

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Independent non-executive director Trevor Gerber replaces outgoing Max Moore-Wilton.

Something doesn't add up in the East West Link settlement

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It doesn't make sense that international financiers holding allegedly iron-clad contracts would agree to settle a locked-in claim worth hundreds of millions for just $81m.

Vic govt to pay $339m to dump road link

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PM condemns Victorian govt payment to not build controversial East West Link project.

Japan regulator clears Toll takeover

by AAP
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Toll Holdings steps closer to be taken over by Japan Post in a $6.5 billion deal.

AusPost must embrace digital disruption

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Australia Post has pursued new opportunities in the mail business, but its initiatives fall short of the sort of innovations seen in other technology-intensive retail businesses.

China set to splurge 800 billion yuan on railways in 2015

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Vice Premier says investment in rail for 2015 will need to exceed 800 billion yuan in order to reach target.

Transurban drives revenues higher

by AAP
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Strong traffic growth, acquisitions boost toll road operator's third quarter revenues.

Atlas contractor McAleese halts shares

by AAP
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Transport contractor suspends trade as financial impact of Atlas Iron shut down weighed.

FedEx to purchase TNT Express

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FedEx has said it will buy parcel-delivery firm TNT Express for about $6.25bn.

Toll takeover reasonable: expert

by AAP
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Independent expert says Japan Post's $6.5bn takeover of Toll is fair and reasonable.

States should consider Uber laws: Harper review

by AAP
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Report says services like Uber should be encouraged, regulated with consumer in mind.

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