Federal government reviewing freight strategies: minister
MINISTER for infrastructure and transport Catherine King said the government is “undertaking a look at the freight and supply [chain] strategy”. The minister was speaking at the...
Volumes up while profit drops at Kimberley Ports
KIMBERLEY Ports Authority has reported a profit of $203,000 for the 2023 financial year, a 92% decrease from $2.6 million in 2022. The port authority had predicted a loss of $2.7...
DHL Express opens expanded Asia Pacific hub
DHL Express has launched an expanded global hub in Hong Kong. The Central Asia Hub is one of three DHL Express global hubs positioned to connect the Asia Pacific region with the...
Silk Logistics reports revenue, profit growth in FY23
LANDSIDE logistics provider Silk Logistics reported robust increases in financial metrics for the 2022-23 financial year. The company reported revenues of $488.6 million, an...
Silk terminates Kemps Creek lease agreement
SILK Logistics is terminating its agreement for lease of a site in Kemps Creek NSW, where it intended to build new company warehouses. The ASX-listed company announced in November...
Austrans and PacNat ink 10-year rail freight deal
LOGISTICS company Austrans and rail freight operator Pacific National have signed a 10-year rail freight contract. A statement from Pacific National about the deal said the deal...
Napier's revenue grows despite "significant" drop in trade volumes
NAPIER Port has reported an increase in revenue for the year to 30 September 2023 despite a “significant reduction” in trade volumes. The North Island port’s revenue grew 3.4% to...
Wiseway calls off airline acquisition
ASX-LISTED freight and logistics operator Wiseway has announced it will not proceed with plans to acquire Southeast Asian Airlines (SEAIR). Instead, it is “redirecting its focus”...
Cocaine seized from reefer at Tauranga
Authorities in New Zealand have intercepted about 35 kilograms of cocaine in a reefer at the Port of Tauranga. NZ Customs Service said they uncovered the haul during a routine...
Protesters target Israeli line at Botany and Melbourne
PROTESTERS have been targeting the Israeli shipping company Zim at Port Botany and the port of Melbourne. There is concern that protest activity may flare up again as other Zim...
CMA CGM’s Q3 results reflect downturn in container shipping
FRENCH ocean carrier CMA CGM reported significant downturns in revenues, driven in large part by tumbling revenues from its shipping division. The company said its shipping...
Achievements celebrated SCLAA awards
MORE than 470 guests met at the Australian Supply Chain and Logistics Awards on Friday night to celebrate the sector’s many achievements throughout 2023. The Supply Chain and...
Nine-month revenue, earnings and volumes up at ICTSI
INTERNATIONAL Container Terminal Services (ICTSI) has reported an EBITDA of US$1.11 billion for the first nine months of 2023, a 7% increase on the same period last year. Revenue...
New ship and port calls on trans-Tasman service
ANL is adding an additional vessel and three new port calls to its trans-Tasman service Tranztas (TTZ). ANL announced it would deploy the containership Palawan on the service and...
The DCN Weekly: Episode 73
A STRATEGIC Fleet Taskforce report was released to the public this week, along with the government's response to its recommendations....
