Wiseway sees turnaround in second half of FY23
ASX-listed freight and logistics operator Wiseway saw a turnaround in profits in the second half of the 2022-23 financial year. The company reported a net loss of $3.7 million in...
The DCN Weekly: Episode 63
In the news this week, Incat Tasmania is building what it says is the world’s largest lightweight battery electric ship....
Intermodal Terminal Company appoints inaugural chair
INTERMODAL Terminal Company has appointed John Fullerton, the former CEO and managing director of the Australian Rail Track Corporation, as its first chair. ITC, established in...
IFCBAA Women in Logistics Breakfast 2023
ON THE first day of Spring women from across Sydney’s logistics community met for the IFCBAA Women in Logistics Breakfast. A sumptuous breakfast and lots of coffee were served at...
B Dynamic opens warehouse in QLD
THIRD-party logistics services provider B Dynamic Logistics has opened a new warehouse and logistics facility in Brisbane. The facility is located in the Richlands Industrial...
Aurizon inks deal to move magnetite to Darwin
RAIL freight company Aurizon signed a deal to transport some 1.2 million tonnes per year of magnetite for miner Northern Iron. The deal will see Aurizon move the mineral from...
Move Logistics revenue drops with "disappointing" freight results
MOVE Logistics has reported lower earnings and revenue in the 2023 financial year, attributed to “disappointing” results in the freight division. The Kiwi transport and logistics...
DP World to expand warehousing capacity at Yennora
DP World is investing in Stockland’s Yennora Distribution Centre in Western Sydney. The company said it would “almost double” warehousing capacity at the intermodal facility by...
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...
