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...
New CEO at DHL Supply Chain Asia Pacific
DHL Supply Chain has appointed a new CEO for its Asia Pacific business as regional chief executive Terry Ryan resigns. Mr Ryan is retiring from DHL Group after more than 40 years...
Medlog to acquire Botany-based transport operator
MEDLOG has announced plans to acquire Port Botany-based transport operator Trojan Transport. Medlog, a logistics and supply chain operator, said the acquisition would complement...
Orient Overseas International revenue falls from great heights
ORIENT Overseas International has reported a decrease in revenue and profit in its interim results for the first half of 2023. The parent company of ocean carrier OOCL posted a...
Major works for Port Botany Rail Duplication to commence
A RAIL bridge deck will be demolished and a new one installed as part of the Botany Rail Duplication project. The works will be carried out over five days. Freight services will...
Radioactive material seized after air-cargo detection
RADIOACTIVE isotypes were found at a property in Sydney after Australian Border Force officers detected “a range of illicit substances” being imported through air cargo, the ABF...
The DCN Weekly: Episode 61
IN THE news this week, the CEO of Ports Victoria announced his resignation. https://open.spotify.com/episode/5kwaLRsZBbpHljoyydM6ai?si=2443c9a60ece41eb Also this week, Port of...
National Freight and Supply Chain Strategy review launched
THE FEDERAL government has commenced a review of the National Freight and Supply Chain Strategy. The strategy was published in 2019 as a 20-year agenda for improving the safety,...
Qube welcomes last two locos in new fleet
QUBE has received the last two locomotives in a new fleet built by Australian manufacturer UGL. The handover completes the order of 20 new QL Class locomotives placed in February...
ARTC closes freight line for $8m improvement works
THE AUSTRALIAN Rail Track Corporation is suspending freight services on the Melbourne to Adelaide line while it carries out rail maintenance and improvement works. The three-day...
