News
Sydney-bound meth haul intercepted in Hong Kong
A SYDNEY man has been arrested for his role in facilitating a 240-kilogram haul of methamphetamine that was bound of Australia in a shipping container. Hong Kong authorities...
Freight industry golf day raises $50k for charity
THE FREIGHT industry in Victoria got together on Friday 25 August for the first Friedreich's Ataxia Charity Golf Day since 2019. The event began in 2012 as a fundraiser to support...
Lindsay posts record revenue and profit in FY23
LINDSAY Australia said it achieved record revenue, profit and dividends for the full year ending 30 June 2023. The company’s full year operating revenue of $676.2 million in the...
Profits up and volumes down at Port of Tauranga
PORT of Tauranga has reported an increase in revenue and profit for the 2023 financial year despite cargo volumes falling in the second half. The North Island port posted a group...
The DCN Weekly: Episode 62
IN THE news this week, pilots at the port of Brisbane called off a strike against their employer Poseidon Sea Pilots....
The season of the stink (bug)
BROWN marmorated stink bug season is once again upon us for 2023-24. On 1 September seasonal measures aimed at mitigating the biosecurity risks of the BMSB will come into force....
Qube posts "strong" set of results for FY23
QUBE has reported an increase in earnings and revenue for the 2023 financial year, driven largely by high volumes in its logistics business. The company reported a full-year...
Empty container park trial highlights benefits of automation
A REPORT from the Department of Transport and Container Transport Alliance Australia found higher automation at empty container parks could boost truck turnaround times by 32%....
New SeaSwift vessel to arrive in October
NORTHERN Australia shipping specialist SeaSwift is to receive a new vessel in October. The purpose-built Newcastle Bay II is due to arrive at Cairns in October after successful...
MOL and Aussie institutes partner on CO2 shipping project
MITSUI O.S.K. Lines is one of three Japanese companies to have partnered with Australian research institutes to study the bulk transport of carbon dioxide by ship. MOL, Low...
WiseTech posts big revenue growth in FY23
WISETECH Global saw increases in revenue and profit in the 2022-23 financial year. The company’s total revenue for the 12 months ended 30 June was $816.8 million, up 29% on...
NYK buys stake in car terminal
NYK has acquired a 25% stake in an Indonesian car terminal operator. Patimban International Car Terminal (PICT) is based at the port of Patimban, which has been under construction...
Infrastructure Net Zero initiative launched
SEVEN peak bodies and three federal agencies have launched Infrastructure Net Zero, a public-private decarbonisation initiative. The Australasian Railways Association; Roads...
Hope for container-market rebound: Container xChange
SUPPLY-chain leaders are hopeful of a container-market rebound, according to the latest Market Forecaster report from online logistics platform Container xChange. A majority of...
Silk Logistics posts revenue growth for FY23
SILK Logistics has reported a 24% increase in revenue for the 2023 financial year, to $488.6 million. The ASX-listed logistics company said its full-year revenue growth was...
