Transport and Logistics

Funtastic flags H1 earnings loss

by AAP
Toys, sporting goods distributor expects a first half loss of up to $4.5m.

WA govt plans to cost Cabcharge $4m

by AAP
WA government proposal for 5% surcharge cap could cost Cabcharge $4 million.

Transurban lifts H1 toll revenue

Strong traffic growth in Sydney and Melbourne in December quarter buoys H1 revenue.

Doubts rise on Asciano sale

Lack of talk around Asciano's Patrick ports business suggests deal no longer likely.

Uber could help reform Vic taxi industry: Samuel

by AAP
1 comment
Victorian Taxi Service commissioner says laws must catch up with services like Uber.

Top ten tech innovations of 2014

Don’t be mesmerised by cool apps and flashy new gizmos – the top technology inventions of the year are ones that will have a lasting effect.

Spain's Acciona signs Sydney rail deal

by AFP
Spanish builder Acciona part of consortium that has signed a contract worth $2.1bn with govt.

France blocks Uber ride-sharing services

Group's regulatory challenges grow as Paris introduces penalties up to two years' imprisonment.

US suitor 'bemused' by Recall rejection

by AAP
Source says Iron Mountain management views Recall's response as 'novel'.

East-West Link had $2.1bn shortfall

by AAP
Vic govt documents show a slew of new and increased tolls proposed to fill budget gap.

Recall rejects Iron Mountain bid

Recall chief says Iron Mountain will miss opportunity if it fails to sweeten takeover deal.

DataRoom AM: Recall review

1 comment
US-based Iron Mountain lobs an opportunistic bid at data management firm Recall, while Asciano is reportedly looking to offload some of its freight rail assets.

US giant makes $2.2bn Recall play

Iron Mountain takeover offer likely to be rejected by Recall board this week.

Uber expansion hits global roadblock

India, Thailand, Spain the latest to join the chorus of opposition against the ride-sharing start-up.

World's largest container ship launched

by AFP
The giant 400-metre long, 60-metre wide CSCL Globe has been launched in Shanghai.

McAleese reaffirms FY guidance

Owner of Cootes Transport loses NSW Caltex contract, warns 70 jobs may be impacted.

DataRoom AM: China's railway play

Chinese firms look to be on the hunt for Australian rail assets, while foreign players interested in NSW and Queensland's 'poles and wires' seek local partners to bolster their bids.

Uber tagged with $US41bn valuation

Latest funding round for fast-growing firm delivers staggering valuation.

Uber hits back against Cabcharge scare tactic

Ride sharing service says Cabcharge's shrill rhetoric a poor attempt at protecting its monopoly position.

Cabcharge urges Uber crackdown

by AAP
1 comment
Chairman Russell Balding labels industry disruptor unsafe and a tax cheat.