Geodis to acquire contract logistics specialist
TRANSPORT and logistics company Geodis has signed an agreement to acquire the American company Need It Now Delivers. Geodis said the acquisition will enable the company to...
ONE goes live with digital rate transfer through CargoWise
OCEAN Network Express has connected to logistics platform CargoWise to enable automated and fully digital transfer of contract rates. ONE said the digital connection will enable...
Western Australian hydrogen export project progresses
ENERGY company Provaris has finalised a feasibility study for a proposed hydrogen production facility in Western Australia and a fleet of ships to transport the hydrogen to...
Freight platform merger to form Australia's largest freight marketplace
A MERGER between heavy haulage platforms Freightlancer and Loadshift is expected to create Australia’s largest freight marketplace, offering new features for shippers and...
Transport minister holding regional roundtables
MINISTER for infrastructure, transport, regional development and local government Catherine King met on Tuesday with industry, unions, local government, peak body groups and other...
Second TasPorts tug wreck salvaged from river
THE WRECK of TasPorts tugboat Campbell Cove has been successfully removed from the Mersey River. Once the tug is secured on heavy lift ship AAL Melbourne and the ship departs for...
Drewry container index decreases for 24th consecutive week
DREWRY’s composite World Container Index decreased by 3% this week to US$6430 per 40-foot container. Source: World Container Index, Drewry Supply Chain Advisors The figure...
THE DCN WEEKLY: EPISODE 10
The news this week followed the efforts to salvage sunken TasPorts tugs York Cove and Campbell Cove from Port of Devonport's Mersey River....
Hapag-Lloyd profits up 188% for first half of 2022
HAPAG-LLOYD has reported a group profit of almost US$9.5 billion for the first half 2022, up US$6.2 billion on the first half of last year, a 188% increase. However, transport...
Logistics companies partner on Moorebank warehouse development
LOGISTICS companies Logos and Mainfreight are partnering to develop a cross-dock warehouse at Moorebank Logistics Park in Sydney’s south-west. The logistics park (MLP) is...
New trans-Tasman service to launch this year
A KIWI logistics company has acquired a general cargo ship to launch a new trans-Tasman service later this year. Move Logistics has entered an agreement to acquire a vessel, Atlas...
AMSA reports decline in detained ships in 2021
THE AUSTRALIAN Maritime Safety Authority detained 159 ships entering Australian waters last year, according to the latest annual data in AMSA’s Port State Control Australia 2021...
Sydney man sentenced for 700-litre meth shipment in coconut milk cans
AN AIR freight consignment containing 700 litres (288 kilograms) of meth concealed in cans of coconut milk has seen a Sydney man sentenced to six years in jail. The 86 boxes of...
Investor consortium to buy Atlas Air Worldwide for US$5.2 billion
AIR freight company Atlas Air Worldwide has announced it will be acquired by a consortium of investors led by private equity firm Apollo. Apollo, alongside investment firm...
Aurizon FY22 profit dips 15%
AURIZON on Monday reported its net profit after tax to be $513 million – this was a decrease of 15% compared with the previous year. The company said this decrease was primarily...
