K + N sells chunk of UK logistics business
EUROPEAN logistics business Kuehne + Nagel has announced it has entered into “a definitive agreement” to sell a major part of its UK contract logistics portfolio to XPO Logistics....
Federal stimulus package should focus on road maintenance
THE Commonwealth government’s economic stimulus can have immediate positive effects if directed towards road maintenance, industry body NatRoads says. Chief executive Warren Clark...
CMA CGM happy with 2019, but virus looms large in year ahead
AN IMPROVEMENT in profitability for the 2019 fourth quarter was driven by a development strategy and an ability to cut costs, CMA CGM chairman and chief executive Rodolphe Saadé...
DNV GL launches venture fund
DNV GL Ventures will build a portfolio of between 15-20 startups in the next four years – addressing the challenges of energy transition and the fourth industrial revoluition -...
Pilots fight to save Katoomba airfield
THE Aircraft Owners & Pilots Association of Australia has added its voice to calls to save Katoomba Airfield after it was closed at the end of February. AOPA CEO Benjamin Morgan...
Express rail container service from China to UK re-commences
ONE company not deterred by the threat of Covid-19 coronavirus is the United Kingdom’s Davies Turner, that has been operating an express rail service for containers from Wuhan to...
Napier monitors virus impact on log exports
NAPIER Port in New Zealand says it is “closely monitoring” trading patterns to log exports, with coronavirus affecting customers and the vital Chinese destination market....
VTA backs Road Occupation Charge
THE Victorian Transport Association says the introduction of a Road Occupation Charge to be levied on private companies is an example of government policy supporting productive...
Geelong or Station Pier: the future of the Spirit of Tasmania
TASMANIAN Premier Peter Gutwein has used state parliament to canvass the option of having the Spirit of Tasmania vessels dock at Geelong rather than Station Pier in Melbourne. The...
Virus triggers cash flow pain for transport sector
THE coronavirus crisis and a resulting lull in container trade is having a worrying cash-flow impact on transport operators, Container Transport Alliance Australia director Neil...
Wärtsilä to supply cargo handling system for new LNG bunkering vessel
THE technology group Wärtsilä has been selected to supply the cargo handling system for a new 18,000 cbm LNG bunkering vessel. The ship is being built for Korea Line at Hyundai...
Rhenus takes over Malcolm Total Logistics Group
THE Rhenus Group has entered into an agreement to buy 100% of the shares of the operating companies in the Malcolm Total Logistics Group effective from 28 February 2020. The...
New snapshot of QLD primary industries goes online
QUEENSLAND’S minister for agricultural industry development Mark Furner said the AgTrends Spatial mapping platform provides an “important economic snapshot of Queensland’s primary...
NatRoad rejects proposed heavy vehicle charges increase
INDUSTRY body NatRoad has confirmed its opposition to an increase in in both heavy vehicle registration and Road User Charges by 2.5% in 2020-21 and a further 2.5% in 2021-22. The...
Burgeoning freight task demands a rail response, says Vic minister
MINISTER for freight Melissa Horne says rail will be crucial in the future of container movements in and around the Port of Melbourne. Addressing the Victorian Transport...
