Transport and Logistics

Brambles chairman retires

Logistics group appoints Stephen Johns as chairman-elect.

Aurizon meets FY coal guidance

Rail freight company meets output guidance despite slight decline in Q4 performance.

Macquarie Atlas lifts Q2 revenue

Toll road operator increases revenue as traffic and toll prices rise.

Asciano confirms Patrick sale talks

Asciano is fielding offers for a non-controlling stake in Patrick Terminals.

Asciano mulls Patrick stake sale

China Merchants Group signs MoU with Asciano over purchase of stake in ports business.

The union inquiry is splitting the Coalition in two

7 comments
Big companies are just as much to blame as unions for lowering productivity but some conservatives' black-and-white view of IR could get in the way of justice.

Appeasing unions is taking its Toll

10 comments
Toll’s deal with the Transport Workers Union underscores that cartel-style agreements are not confined to construction and are damaging Australia’s productivity.

Royal Mail float undervalued by one third

UK National Audit Office report finds taxpayers missed out on £1 billion.

ingogo jumps the gun on lowering taxi surcharges in NSW

Taxi-booking app lowers in-app booking surcharge from 8% to 5% ahead of forthcoming legislation.

Transurban lifts Q4 revenue

Increased traffic on Sydney and US networks pushed final quarter revenue higher.

Asciano cautions on $1bn freight hub

The viability of a planned $1bn freight hub in southwestern Sydney called into question.

New Victorian rules a boon for taxi apps

Removal of provision for taxi drivers to be affiliated with a particular taxi network set to benefit the likes of ingogo, goCatch and Uber.

skyTran's elevated transit network sets its sights on Tel Aviv

California-based company teams up with Israel Aerospace Industries to to construct the world's first rapid transit system in which lightweight two-person vehicles are suspended from elevated magnetic levitation tracks.

Victoria shortlists two consortia for East West Link

Momentum Infrastructure, led by the Bank of Tokyo-Mitsubishi UFJ and Leighton Holdings, has been ruled out of the bidding race.

Asciano to cut 500 jobs

Rail freight operator axes jobs as it accelerates business improvement plan, eyes $90m in FY15 cost savings.

China rejects EU shipping firms' alliance

by AAP
China blocks shipping alliance between Denmark's A.P. Moeller-Maersk, France's CMA CGM and the Swiss MSC Mediterranean Shipping Company.

A dead letter day for Australia Post's delivery service

9 comments
Australia Post's plans to scale back the frequency of its loss-making delivery service may be unpopular with the public, but bold changes are needed for the company to stabilise its finances.

A word of warning to Australia Post

2 comments
Ahmed Fahour may have cornered 80 per cent of the online parcel delivery market, but rival Toll is stepping up its game right when the Australia Post chief is distracted.

Australia Post to shed 900 jobs

Internal restructure set to separate parcels and logistics business from letter arm.

Asciano open to contract talks: report

Group willing to discuss terms of key contracts with miners after reports mines are being run at a loss.

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