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Plenty of gas left in AHG's tank
18 November 2014 | John Stensholt
PRINT: 18 November 2014 | PAGE 4 | Plenty of gas in AHG's tank
New car sales might be slipping, but there's still plenty of growth left in Automotive Holdings Group's shares.
|Automotive Holdings
|Transport/Automobiles, Transport/Trucking, Transport/Freight, Transport/Rail
Adani steps up Australia coal plans before Modi visit
13 November 2014 |
India's Adani Enterprises is forging ahead with ambitious plans to build Australia's biggest coalmine in the next three years, defying a collapse in coal prices to 5½ year lows as it seeks to supply power plants at home.
|Metals & Mining/Coal, Transport/Rail, Transport/Freight, Transport/Shipping, Politics/Federal Politics, Politics/Queensland Politics, Environment, Financial Services Industry, Economy, Financial Markets
Prescott defends Aurizon's projects
13 November 2014 | Jenny Wiggins
PRINT: 13 November 2014 | PAGE 2 | Prescott fields tough questions
Aurizon avoided a second strike on its remuneration report at its annual general meeting as chairman John Prescott defended the rail group's expansion projects and financial investments.
|Aurizon Holdings Ltd, Bandanna Energy
|Company News, Transport/Rail, Transport/Freight, Infrastructure/Rail, Infrastructure/Ports
Strike looms after MUA stitches up Port Hedland pay deal
10 November 2014 | Julie-anne Sprague
PRINT: 11 November 2014 | PAGE 2 | Strike still looms after MUA stitches up pay deal
Port Hedland tugboat operator Teekay Shipping has struck a pay deal with tugboat deckhand and skippers but mechanics continue to press for better conditions.
|BHP Billiton Ltd, Fortescue Metals Grp
|Eric Abetz, Bill Shorten
|Employment & Industrial Relations, Metals & Mining/Iron & Steel, Transport/Freight, Transport/Shipping, Construction & Engineering/Engineering
Aurizon (AZJ)
29 October 2014 | Elise Shaw
Deutsche Bank retains a "buy" on Aurizon with a $5.45 a share target price after it hosted an investor day focused on the Network Division.
|Aurizon Holdings Ltd
|Financial Markets/Equities Markets, Transport/Freight
Aurizon coal volumes tick higher in September quarter
27 October 2014 | Jenny Wiggins
PRINT: 27 October 2014 | PAGE 3 | Galilee project years off, says Aurizon
Aurizon reaffirmed its existing coal and iron ore haulage guidance for 2015 as September-quarter coal volumes rose 1 per cent to 54.2 million tonnes.
|Aurizon Holdings Ltd, Rio Tinto Ltd, Mineral Resources., Mount Gibson Iron
|Company News, Transport/Rail, Transport/Freight, Infrastructure/Rail
Whitlam's secret TNT takeover deal pulled
24 October 2014 | Robert Bolton
PRINT: 23 October 2014 | PAGE 2 | Secret TNT deal pulled
A clueless Labor government steered by wet-behind-the-ears advisers led the Whitlam administration close to what could have been a disastrous deal in lending $83 million to a private company to fund its takeover bid.
|Peter Abeles, Gough Whitlam, Bob Hawke
|Politics/Federal Politics, Transport/Freight, Transport/Shipping, Mergers & Acquisitions
Toll reaffirms forecasts despite 'tough' first quarter
23 October 2014 | Matt O'Sullivan
Toll Holdings has conceded that trading conditions were tougher than expected in the first quarter due to a volatile macro environment but the transport and logistics group has reiterated its full-year earnings guidance.
|Toll Holdings Ltd
|Ray Horsburgh
|Transport/Trucking, Transport/Shipping, Transport/Freight
Aurizon set to dodge 'second strike'
21 October 2014 | Matthew O'Sullivan
PRINT: 21 October 2014 | PAGE 3 | Aurizon set to dodge 'second strike'
Aurizon is set to avoid a ''second strike'' against its executive pay card at its AGM next month after two influential proxy advisers supported changes to the way it rewards management with bonuses.
|Aurizon Holdings Ltd
|Company News, Transport/Rail, Transport/Freight
Tenix sold to ASX-listed Downer EDI for $300m
20 October 2014 | Sarah Thompson, Anthony Macdonald and Jake Mitchell
Updated | Sydney's wealthy Salteri family has sold contractor Tenix to Downer EDI for $300 million plus cash, according to an announcement sent to employees on Monday.
|Downer Edi Ltd
|Company News, Mergers & Acquisitions, Transport/Shipping, Transport/Freight
Japanese float spurs Australia Post pitches
16 October 2014 | Sarah Thompson, Anthony Macdonald and Jake Mitchell
PRINT: 16 October 2014 | PAGE 26 | Japanese float spurs Australia Post pitches
How long until Treasurer Joe Hockey has bankers beating down his door to talk about Australia Post?
|Joe Hockey, Ahmed Fahour
|Transport/Freight, Mergers & Acquisitions/IPO's, Financial Services Industry
Transport stocks handling the bumps
15 October 2014 | Trevor Hoey
PRINT: 15 October 2014 | PAGE 2 | Transport stocks handling the bumps
Friday last week marked day 50 of the big selloff since the S&P/ASX All Ordinaries hit a six-year high of 5672 points.
|Toll Holdings Ltd, Asciano Ltd, Qube Holdings Ltd, K & S Corporation, Mcaleese Ltd, Royal Wolf Holdings
|Transport/Freight, Transport/Trucking, Transport/Rail
Pack & Send's plan to take on Australia Post
14 October 2014 | Misa Han
PRINT: 14 October 2014 | PAGE 1 | Pack & Send takes on Australia Post
Multimillion-dollar packing and delivery business Pack & Send is in talks with retailers to open 500 delivery points by mid 2015, which will see the business take a chunk out of the only growing division of Australia Post.
|Ahmed Fahour
|Consumer Goods & Services, Transport/Freight
Aurizon Holdings (AZJ)
05 October 2014 | Elise Shaw
Commonwealth Bank is "overweight" Aurizon Holdings with a price target of $5.45 a share.
|Aurizon Holdings Ltd
|Financial Markets/Equities Markets, Metals & Mining, Transport/Freight, Transport/Rail
Cold feet over Aurizon's big plans
29 September 2014 |
PRINT: 29 September 2014 | PAGE 2 | Cold feet over Aurizon's big plans
Jenny Wiggins | Lance Hockridge has done an impressive job since the railroad freight group floated in late 2010. But over the past two months, Aurizon's shares have slid 9 per cent.
|Aurizon Holdings Ltd, Aquila Resources, Qube Holdings Ltd, BHP Billiton Ltd
|Lance Hockridge, Russell Caplan
|Company News, Infrastructure/Ports, Infrastructure/Rail, Mergers & Acquisitions, Transport/Rail, Transport/Freight
Fortescue loses railway case to Brockman
26 September 2014 | Peter Ker
PRINT: 27 September 2014 | PAGE 36 | Fortescue's Brockman block fails
Fortescue Metals Group has failed to stop a market minnow from seeking access to its railway, in a Supreme Court ruling handed down on Friday afternoon.
|Fortescue Metals Grp, Brockman Mining Ltd
|Courts & Legal, Transport/Freight, Metals & Mining/Iron & Steel, Transport/Rail
CTI Logistics may be a stock to target
18 September 2014 | Trevor Hoey
PRINT: 18 September 2014 | PAGE 1 |
Brokers are anticipating organic and acquisitive growth in the longer term for the WA-based courier and freight group, despite its challenges.
|CTI Logistics
|Transport/Freight, Company News/Earnings & Reporting
New growth streams for Brambles
10 September 2014 | Mike Smith
PRINT: 10 September 2014 | PAGE 4 | New growth streams for Brambles
Logistics group Brambles has been more of a seller than a buyer over the past three years.
|Brambles Industries
|Tom Gorman
|Transport/Freight, Transport/Shipping, Transport/Trucking, Transport/Rail
Brambles buys Ferguson Group
09 September 2014 | Jared Lynch
PRINT: 09 September 2014 | PAGE 1 | Brambles' $555m UK container play
Brambles chief executive Tom Gorman has shrugged off concerns about the price it has paid for a British specialist container business, saying the deal will help it move into the rapidly growing oil and gas sector.
|Brambles Ltd
|Tom Gorman
|Mergers & Acquisitions, Transport, Transport/Freight
Melbourne Airport builds logistics "super hub" for TNT
08 September 2014 | Larry Schlesinger
PRINT: 09 September 2014 | PAGE 2 | TNT sorts out transport hub
Construction of a new 38,000 square metre transport and logistics "super hub" for express delivery company TNT has begun. It is part of $200 million worth of new industrial projects under way in Melbourne's north west.
|AMP Ltd
|Property - Commercial, Property - Commercial/Industrial Property, Property - Commercial/Property Leasing, Consumer Goods & Services, Transport/Shipping, Transport/Trucking, Transport/Freight
Asciano (AIO)
08 September 2014 | Su-Lin Tan
Deutsche Bank's post reporting transport sector pick of the bunch is Asciano and the bank has given it a "buy" rating and a 12-month price expectation on the stock of $7.30 a share.
|Asciano Ltd
|Transport/Freight, Financial Markets/Equities Markets
Asciano (AIO)
04 September 2014 | Elise Shaw
RBC Capital Markets retained a "sector perform" on ports and rail operator Asciano with a $6.25 a share price target and said upside from here would be "dependent mostly on success of a port sale".
|Asciano Ltd
|Financial Markets/Equities Markets, Transport/Freight, Transport/Rail, Transport/Shipping
Qube flags earnings growth in 2015
22 August 2014 | Jenny Wiggins
Qube Holdings said it was confident of sealing a deal with the federal government to build a freight hub at Moorebank near Sydney as it delivered a 15 per cent rise in net profit to $93.3 million.
|Qube Holdings Ltd
|Company News/Earnings & Reporting, Transport/Shipping, Transport/Freight, Infrastructure/Ports, Infrastructure/Rail, Transport
ACCC will find court a tough place to test its petrol price claims
22 August 2014 | Alistair Davey and Nicholas Hossack
PRINT: 22 August 2014 | PAGE 1 | Court is a sterner test of petrol claims than bar of public opinion
After raising concerns it could be used to stifle competition and increase prices, in May 2012 the ACCC launched a formal investigation into information sharing of retail petrol prices between oil companies.
|Energy & Utilities/Oil, Transport/Freight, Transport/Trucking, Transport/Automobiles
Asciano seeks global network for Patrick ports
21 August 2014 | Jenny Wiggins
PRINT: 20 August 2014 | PAGE 1 | Asciano seeks global network for Patrick
Updated | Asciano CEO John Mullen confirms full sale of Patrick ports still on the table as company holds talks over sale of stake in container ports business
|Asciano Ltd
|John Mullen
|Company News/Earnings & Reporting, Transport/Rail, Transport/Shipping, Transport/Freight
Optimism, intent for Australian trade and export growth
20 August 2014 | Mark Abernethy
PRINT: 20 August 2014 | PAGE 14 | Optimism, intention to expand
In spite of some negative influences in the Australian economy, the export performance has continued to improve and to outstrip other major exporting nations.
Australia's hides trade vulnerable to consumer demand
20 August 2014 | Mark Abernethy
PRINT: 20 August 2014 | PAGE 1 | Hides trade vulnerable to consumer trends
While not the most fashionable good produced by Australia, the value of our exports of skins and hides has been steeply increasing since the GFC.
Sea freight to benefit from mining demand
20 August 2014 | Chris Tolhurst
PRINT: 20 August 2014 | PAGE 1 | Cargo demand buoys shippers
Shipping companies are in pole position to be one of the major beneficiaries as Australia's mining industry cranks into top production gear.
Toll Holdings meets expectations but conditions 'difficult'
19 August 2014 | Jenny Wiggins
Toll Holdings has warned operating conditions remained "difficult" and outlined plans to cut an additional $50 million in costs this year as the logistic group's underlying profits met expectations.
|Toll Holdings Ltd
|Company News, Company News/Earnings & Reporting, Transport/Freight, Transport/Shipping, Transport/Trucking
Aurizon ready to sell stake in Qld tracks: Hockridge
19 August 2014 | Jenny Wiggins
PRINT: 19 August 2014 | PAGE 2 | Aurizon will listen to Queensland offers
Aurizon chief executive Lance Hockridge has confirmed the rail group will consider selling a stake in its Queensland tracks as it reported a 43 per cent fall in annual net profit to $253 million.
|Aurizon Holdings Ltd
|Lance Hockridge
|Company News, Infrastructure/Rail, Infrastructure/Ports, Transport/Rail, Transport/Freight, Company News/Earnings & Reporting
Hockridge's uphill battle in brave new mining world
18 August 2014 |
PRINT: 18 August 2014 | PAGE 34 | Aurizon chief's work far from over
Aurizon chief executive Lance Hockridge has said in the past he would like to double the size of the rail-freight group every five years. He has done a good job meeting that lofty goal so far, overseeing the company's transformation from an inefficient government entity into a modern and more nimble operation.
|Aurizon Holdings Ltd
|Lance Hockridge
|Company News/Earnings & Reporting, Transport/Freight
Citi predicts Aurizon dividend fall
18 August 2014 | Sarah Thompson, Anthony Macdonald and Gretchen Friemann
A jump in Aurizon's anticipated capital expenditure pipeline provoked criticism from analysts, with Citigroup predicting the payment blowout might lead to a lower than expected dividend.
|Aurizon Holdings Ltd
|Financial Markets/Equities Markets, Financial Services Industry/Banking & Finance, Transport/Freight
Aurizon profit drops 43pc on impairments, redundancies
18 August 2014 | Jenny Wiggins
Updated | Rail operator Aurizon has warned industrial action could hamper attempts to negotiate a new enterprise agreements with staff as it reported a 43 per cent fall in 2014 net profit to $253 million.
|Aurizon Holdings Ltd
|Company News/Earnings & Reporting, Infrastructure/Rail, Transport, Transport/Rail, Transport/Freight
Toll Holdings (TOL)
12 August 2014 | Will Willitts
CIMB has a "hold" on Toll Holdings and a $5.31 target price.
|Toll Holdings Ltd
|Company News, Transport/Freight, Transport/Automobiles
Google, Barnes & Noble take on Amazon
07 August 2014 |
Google and Barnes & Noble are joining forces to tackle their mutual rival Amazon.com.
|Technology/Online Services, Technology Web/eCommerce, Transport/Freight, Consumer Goods & Services/Consumer Durables & Apparel, Consumer Goods & Services/Retail & Wholesale
Why it's cheaper to send milk to China than Brisbane
07 August 2014 | Jared Lynch
It's a good road from Shepparton to Melbourne, so good that it makes it cheaper to send a carton of milk to China than to Brisbane.
Heads up! How to navigate without killing someone
06 August 2014 | John Davidson
A small box on your dashboard gives your car a heads-up display, just like a jet fighter. Missiles sold separately.
West Pilbara iron ore port, rail costing $1.2b too high: Aurizon
31 July 2014 | Amanda Saunders
PRINT: 31 July 2014 | PAGE 1 | Aurizon can cut Pilbara cost by $1.2b
Aurizon chief executive Lance Hockridge says the rail giant can build the infrastructure needed for the giant West Pilbara iron ore project for at least 20 per cent less than its $6 billion costing.
|Aurizon Holdings Ltd, Aquila Resources
|Lance Hockridge
|Metals & Mining/Iron & Steel, Transport/Shipping, Transport/Rail, Transport/Freight
Abbot Point expansion will be 'environmentally sensitive'
23 July 2014 | Jenny Wiggins
PRINT: 24 July 2014 | PAGE 2 | Rail boss talks down environmental fears
Aurizon chief executive Lance Hockridge has claimed the expansion of a coal export terminal at Queensland's Abbot Point will be done in an "environmentally sensitive manner".
|Aurizon Holdings Ltd
|Company News, Infrastructure/Rail, Transport/Freight, Transport/Rail, Employment & Industrial Relations
Asciano (AIO)
22 July 2014 | Elise Shaw
Deutsche Bank has retained a 'buy' recommendation on Asciano with a $7.10 a share target price.
|Financial Markets/Equities Markets, Transport/Rail, Transport/Freight, Transport/Shipping
Logistic king Chris Corrigan expands interests into PrimeAg
20 July 2014 | Matthew Cranston
PRINT: 21 July 2014 | PAGE 1 | Logistic king's agri harvest expands
Legendary logistics businessman Chris Corrigan has expanded his interests in agricultural land becoming a director and investor in PrimeAg Australia.
|Aust Agriculture, Primeag Australia
|Agribusiness/Crops, Transport/Freight, Transport/Shipping, Property - Residential/Rural Property, Leadership/Entrepreneur
WiseTech reveals plans for local IPO
15 July 2014 | Paul Smith
PRINT: 16 July 2014 | PAGE 1 | WiseTech reveals plans for local IPO
Australian software developer WiseTech Global has kicked off plans for an initial public offering, in a long-anticipated move that would make it one of the largest software players on the local boards.
NSW port sales were a big mistake, say Maersk and Asciano
02 July 2014 | Michael Bleby
PRINT: 02 July 2014 | PAGE 3 | Port sales slammed
Maersk Line, the world's largest container shipping company, and freight operator Asciano have added their voices to criticism of the NSW port privatisations, saying the high prices fetched would damage the economy in the longer term.
|Asciano Ltd
|John Mullen, Rod Sims
|Infrastructure/Ports, Infrastructure/Rail, Transport/Shipping, Transport/Freight, Infrastructure
Asciano threat to $1b freight hub
02 July 2014 | Jenny Wiggins
PRINT: 02 July 2014 | PAGE 1 | Asciano threat to $1b freight hub
Asciano chief executive John Mullen has questioned the economic viability of a new $1 billion freight hub in southwestern Sydney, claiming it may struggle to attract customers.
|Asciano Ltd, Qube Holdings Ltd
|John Mullen
|Company News, Transport/Shipping, Infrastructure/Ports, Transport/Freight, Transport/Rail
Adani threat to ditch Abbot Point
30 June 2014 | Jenny Wiggins
PRINT: 30 June 2014 | PAGE 1 | Adani threat to ditch Abbot Point
India's Adani Group has warned it may scrap plans to expand its coal terminal at Queensland's Abbot Point if dredging of the sea bed cannot be completed next year because it could incur $1 billion in losses annually.
|Company News, Construction & Engineering, Infrastructure/Ports, Infrastructure/Rail, Transport/Freight, Transport/Rail, Metals & Mining/Coal
UBS trades $334m of Aurizon shares
27 June 2014 | Sarah Thompson, Anthony Macdonald and Gretchen Friemann
Investment bank UBS traded a $334 million line of Aurizon shares after market on Friday, worth about 3 per cent of the coal-carrier's shares on issue.
|Aurizon Holdings Ltd
|Lance Hockridge
|Transport/Freight, Transport/Rail, Metals & Mining
Aurizon doing more with less
26 June 2014 | Matthew Stevens
PRINT: 26 June 2014 | PAGE 2 | Aurizon doing more with less
There are two firm conclusions to draw from the latest rich bank of impairments and provisions confirmed by Aurizon, the nation's biggest rail freighter.
|Aurizon Holdings Ltd
|Metals & Mining, Transport/Rail, Transport/Freight, Infrastructure/Rail
Thailand's Banpu takes on Asciano over costs
25 June 2014 | Perry Williams
PRINT: 25 June 2014 | PAGE 3 | Banpu seeks talks with Asciano over coal haulage costs
Thailand's biggest coal producer, Banpu, is seeking talks with ports and rail group Asciano, saying the high fixed costs of hauling coal are out of step with low coal prices now hitting the industry.
|Asciano Ltd, Centennial Coal, BHP Billiton Ltd, Glencore Int Plc, AGL Energy Ltd
|Mark Cutifani
|Transport/Rail, Transport/Freight, Metals & Mining/Coal
Asciano (AIO)
24 June 2014 | Elise Shaw
Morningstar has a 'hold' on Asciano after it hosted a strategy and investor briefing in Sydney. A key focus of the day was cost control initiatives.
|Asciano Ltd
|Financial Markets/Equities Markets, Transport/Rail, Transport/Freight, Transport/Shipping
Asciano to axe 500 jobs in bid to cut costs
19 June 2014 | Max Mason
Updated | Asciano has announced it will cut 500 jobs by the end of the month in an effort to reduce costs by $90 million in the next financial year and it also reaffirmed its profit guidance of low single-digit growth.
|Asciano Ltd
|Company News, Transport, Transport/Rail, Transport/Freight, Transport/Shipping
Rescue for rural post offices part of revamp
16 June 2014 |
PRINT: 16 June 2014 | PAGE 1 | Rural post office rescue part of revamp
Struggling rural post offices are expected to be thrown a financial lifeline by Australia Postn Tuesday as part of a major restructure aimed at saving the 205-year-old business.
|Ahmed Fahour
Post modern problems
12 June 2014 | Patrick Durkin
PRINT: 12 June 2014 | PAGE 2 | Post modern problems
Australia Post's Ahmed Fahour is determined to drive the old-world business into the future come what may, but not everyone is happy about his method.
|National Aust. Bank, Westpac Banking Corp, Virgin Aus Hldg Ltd
|Ahmed Fahour, Rosa Storelli, Josh Frydenberg
Snaring a piece of the $11b state assets pie
05 June 2014 | Alexandra Cain
PRINT: 05 June 2014 | PAGE 1 | Snaring a piece of the $11b state assets pie
An important asset class for corporate wealth managers to consider is infrastructure, especially in light of the $11.6 billion spending program on infrastructure announced in the recent federal budget.
Brambles pays up to €42m for Germany's Transpac
02 June 2014 |
Brambles acquires German bulk container company Transpac International for €42 million as it expands its operations in Europe.
|Brambles Ltd
|Company News, Transport/Freight
Toll Holdings executives to leave as part of restructure
29 May 2014 | Jenny Wiggins
Updated | Toll Holdings has announced that long-serving directors Paul Ebsworth and Wayne Hunt will leave as part of a divisional restructure.
|Toll Holdings Ltd
|Transport, Company News, Transport/Freight
Alibaba buys into Singapore Post
28 May 2014 |
Alibaba Group Holding, China's biggest e-commerce company, agreed to buy a 10 per cent stake in Singapore Post to develop its logistics in south-east Asia ahead of an initial public offering.
|Technology Companies, Technology Web/eCommerce, Technology/Online Services, Mergers & Acquisitions/Company Trade Sales, Transport/Freight
Qube, Aurizon make progress on Moorebank
22 May 2014 | Jenny Wiggins
Qube and Aurizon have secured exclusive rights to progress with a development of an intermodal terminal at Moorebank in Sydney's southwest, ending a long running dispute over who should develop it.
|Qube Holdings Ltd
|Company News, Transport/Shipping, Transport/Rail, Transport/Freight, Infrastructure/Rail, Infrastructure/Ports
Keeping an electronic eye on the road
21 May 2014 | Marc Sibbald
PRINT: 21 May 2014 | PAGE 1 | Keeping an electronic eye on the road
Telematics has always been cool. Being able to see where vehicles are at any given time, and measure how long they took to travel from A to B, excited fleet operators with the possibilities of more control and efficiency gains. Some fleets have realised these benefits but many struggle to justify the cost.
IAP program streets ahead
21 May 2014 | Marc Sibbald
PRINT: 21 May 2014 | PAGE 1 | Australia streets ahead
Australia is leading the world with technology to manage road access for heavy mass vehicles.
Workplace safety extends to company vehicles
21 May 2014 | Chris Tolhurst
PRINT: 21 May 2014 | PAGE 1 | Workplace safety extends to company vehicles
Most employers strive to provide a safe workplace but the rigorous safety practices that apply in a factory or an office tend not to be as strictly applied to motor vehicle use.
Road to future success lies in smart changes
21 May 2014 | Marc Sibbald
PRINT: 21 May 2014 | PAGE 1 | Smart changes drive success
The last 12 months have seen some of the most significant changes in the fleet industry since the introduction of GST. So the Australian Financial Review invited the some of the leading fleet management organisations and the Australasian Fleet Management Association (AfMA) to answer questions on the key issues facing fleet managers in 2014 and into the future.
Flat rates enhance deal for car buyers
21 May 2014 | Marc Sibbald
PRINT: 21 May 2014 | PAGE 1 | Flat rates enhance deal for car buyers
The salary packaging industry survived the turmoil of 2013 by the skin of their teeth thanks to an election win by the coalition government.
More than one way to save on fleet management
21 May 2014 | Marc Sibbald
PRINT: 21 May 2014 | PAGE 1 | Good data the key to a better deal
Fleets can be one of the biggest expense lines for an organisation. The challenge of measuring all the associated costs means fleet expenses are greater than they should be, which reduces overall company profitability.
|Consumer Goods & Services/Cars, Bikes & Boats, Economy/Taxation, Financial Services Industry/Banking & Finance, Financial Services Industry/Insurance, Manufacturing, Leadership/Jobs, Transport/Automobiles, Transport/Freight, Transport/Trucking
Take-or-pay means miners use and lose
17 May 2014 | Amanda Saunders
PRINT: 17 May 2014 | PAGE 1 | Take-or-pay means miners use and lose
As thermal coal prices fell to a four-year low on Friday, the cost trap facing Australian coalminers was put in the spotlight with Brazilian behemoth Vale to mothball its operations in NSW's Hunter Valley.
|Asciano Ltd, Aurizon Holdings Ltd, Rio Tinto Plc, BHP Billiton Plc
|Nathan Tinkler
|Employment & Industrial Relations, Transport/Rail, Transport/Freight, Metals & Mining/Coal, Metals & Mining
ASCO snares $28m stake in WA's Bonnie Rock
16 May 2014 |
Global oilfield logistics provider ASCO Group is making its third major investment in Australia, buying a 60 per cent stake in Western Australian specialist drilling rig transporter Bonnie Rock Transport.
|Toll Holdings Ltd
|Energy & Utilities/Oil, Energy & Utilities/Gas Extraction, Construction & Engineering/Engineering, Transport/Freight, Mergers & Acquisitions/Company Trade Sales
Angry Aurizon workers consider taking action
14 May 2014 | Jenny Wiggins
PRINT: 14 May 2014 | PAGE 3 | Angry Aurizon workers consider taking action
Aurizon workers are considering industrial action against the rail operator in its home state of Queensland after the company approached Fair Work Australia to terminate its enterprise agreements. The union is also not ruling out industrial action.
|Aurizon Holdings Ltd
|Owen Doogan, Lance Hockridge
|Company News, Transport/Rail, Transport/Freight, Employment & Industrial Relations, Infrastructure/Rail
McAleese mulls asset sales, denies receivership risk
08 May 2014 | Michael Smith
McAleese chief executive and key investor Mark Rowsthorn said he is confident he can restore investor confidence in the company as he works on finalising a plan to sell non-core assets.
|Mcaleese Ltd
|Mark Rowsthorn
|Transport/Freight, Company News
Graduates losing out to multilingual global peers
07 May 2014 | Jenny Wiggins
PRINT: 08 May 2014 | PAGE 3 | Local graduates losing out to multilingual global peers, says Linfox CEO
Linfox chief executive Michael Byrne has called on the government to boost educational standards, arguing local graduates are losing jobs to international peers.
|Michael Byrne
|Company News, Education, Transport/Trucking, Transport/Freight, Infrastructure/Roads, Infrastructure
Aurizon on track to explore Pilbara opportunities
06 May 2014 | Jenny Wiggins
PRINT: 06 May 2014 | PAGE 22 | Aurizon tracks Pilbara opportunities
Aurizon will continue looking for infrastructure opportunities in east Pilbara as well as the west Pilbara area as it prepares to sink up to $211 million in Aquila Resources so it can control rail and port facilities in the lucrative iron ore region.
|Aurizon Holdings Ltd, Aquila Resources
|Lance Hockridge
|Company News, Transport/Rail, Transport/Freight, Transport/Shipping, Infrastructure/Ports, Infrastructure/Rail
Asciano (AIO)
01 May 2014 | Elise Shaw
Deutsche Bank maintained a $6.50 a share price target and a "buy" rating after Asciano gave a trading update and maintained guidance.
|Asciano Ltd
|Financial Markets/Equities Markets, Transport/Shipping, Transport/Rail, Transport/Freight
Aurizon keeps guidance as it hauls more coal
30 April 2014 | Jenny Wiggins
Aurizon has reiterated its full-year coal haulage guidance after the rail operator's haulage volumes rose 11 percent in the March quarter to 48.6 million tonnes.
|Aurizon Holdings Ltd
|Company News, Transport/Rail, Transport/Freight
Brambles (BXB)
30 April 2014 | Elise Shaw
Morningstar has a 'reduce' on pallet and plastic crate maker Brambles and said that until recently the business 'struggled to achieve sustainable earnings growth over a prolonged period'.
|Brambles Ltd
|Financial Markets/Equities Markets, Manufacturing, Materials & Packaging/Packaging, Transport/Freight
April 27 transcript: BHP's tug of war; Stockland's move on Australand; Silicon Alley
27 April 2014 |
Partial transcript of the April 27 Financial Review Sunday program, featuring BHP's potential tug of war with tug boats, Stockland's move on Australand and Australian start-ups moving to Silicon Alley.
Fund managers tip better earnings
27 April 2014 | Bianca Hartge-Hazelman
PRINT: 27 April 2014 | PAGE 1 | Fund managers say earnings growth on way
Some of the country's top fund managers expect earnings growth to be the main driver of Australia's sharemarket for the rest of this year, replacing the impetus of world economic news and low interest rates.
FMG rebukes tugboat crews over potential strike action
27 April 2014 | Julie-anne Sprague
PRINT: 27 April 2014 | PAGE 1 | Fortescue will shut mines if tugboats strike
Fortescue Metals Group chief executive Nev Power says the world's fourth biggest iron ore producer would have to shut its mines within days if tug boat crews walk off the job.
|BHP Billiton Ltd, Fortescue Metals Grp
|Martin Ferguson
|Metals & Mining, Metals & Mining/Iron & Steel, Employment & Industrial Relations, Transport/Shipping, Transport/Freight, Politics
MUA takes Asciano division to court
24 April 2014 |
The Maritime Union of Australia is taking Patrick Stevedores to court, saying it wants to stop the company from making workers redundant while the parties argue over how many jobs should go.
|Asciano Ltd
|Transport, Transport/Shipping, Transport/Freight, Infrastructure/Ports, Courts & Legal
MaxiTRANS downgrades profit guidance
23 April 2014 | Jared Lynch
Declining mining investment is expected to knock as much as 20 per cent off the profits of road transport company MaxiTRANS this year, to between $16.5 million and $17.5 million.
|Maxitrans Industries
|Michael Brockhoff
|Transport, Transport/Freight, Transport/Trucking, Metals & Mining, Company News/Earnings & Reporting
McAleese Group (MCS)
22 April 2014 | Elise Shaw
Deutsche Bank has retained a "buy" recommendation on McAleese Group and cut its 12-month target price from $1.10 to 80¢ a share after the company downgraded guidance and bought the WA Freight Group.
|Financial Markets/Equities Markets, Transport/Trucking, Transport/Freight
Calls for public investment in infrastructure
16 April 2014 | Jenny Wiggins
PRINT: 16 April 2014 | PAGE 2 | Calls for investment
The Badgerys Creek airport will need billions of dollars of public investment in new road and rail infrastructure to transport travellers to and from Sydney's central business district and suburbs, infrastructure groups have warned.
|Jennifer Westacott
|Construction & Engineering, Infrastructure/Airports, Infrastructure, Infrastructure/Rail, Infrastructure/Roads, Transport/Automobiles, Transport/Aviation, Transport/Freight, Transport/Rail
Goodman on the Silk trail in Brisbane industrial zone
14 April 2014 | Matthew Cranston
PRINT: 15 April 2014 | PAGE 2 | Goodman on the Silk trail in Brisbane industrial zone
Goodman Group have secured Silk Contract Logistics in a $23 million lease deal at Lytton near the Port of Brisbane.
|Goodman Group
|Jason Little
|Transport/Trucking, Transport/Freight, Property - Commercial, Property - Commercial/Property Leasing
Impatient Asciano shareholders call for split
07 April 2014 | Sarah Thompson, Anthony Macdonald and Gretchen Friemann
PRINT: 07 April 2014 | PAGE 16 | Impatient Asciano shareholders call for split
Asciano's chief executive John Mullen has to date rebuffed investor calls to split up the company. But now Asciano is under renewed pressure to split up its ports and rail businesses after shareholders approached the board to agitate for a spin-off or sale of Patrick's stevedores.
|Asciano Ltd, Qube Holdings Ltd
|John Mullen
|Company News, Transport/Shipping, Transport/Rail, Transport/Freight
April 6 trancript: Asciano, BlackRock, high-frequency trading
06 April 2014 | Tim Boyd and Lucia Cafarella
Street Talk reveals Asciano is looking at demergers, BlackRock's Evy Hambro urges BHP Billiton to press on and give back to shareholders and the debate continues on high-frequency trading.
|Construction & Engineering, Consumer Goods & Services, Economy, Financial Markets, Financial Services Industry, Metals & Mining, Mergers & Acquisitions, Transport/Shipping, Transport/Rail, Transport/Freight
Asciano talk of ports and rail demergers
06 April 2014 | Sarah Thompson and Anthony Macdonald
The talk in the market is that shareholders appear keen to see Asciano look into a demerger of its port and rail operations into two separate entities.
|Asciano Ltd
|Mergers & Acquisitions/De-Mergers, Transport/Shipping, Transport/Freight, Transport/Rail
Qube Holdings (QUB)
03 April 2014 | Elise Shaw
Morningstar has put its recommendation for Qube Holdings under review, as well as its fair value call.
|Qube Holdings Ltd
|Financial Markets/Equities Markets, Transport/Freight
Aurizon has more to give on yields: fund manager
31 March 2014 | Angela Macdonald-Smith
PRINT: 31 March 2014 | PAGE 2 | Aurizon has more to come on yields: TCI
Aurizon has a "great opportunity" to reposition itself as a "yield-growth story", offering shareholders attractive returns but also growth, according to one of its biggest shareholders.
|Aurizon Holdings Ltd
|Company News, Transport/Rail, Transport/Freight
Qube scores with Quattro Grain deal
31 March 2014 | Jenny Wiggins
PRINT: 31 March 2014 | PAGE 5 | Qube scores with Quattro Grain deal
Qube Holdings, the small but innovative logistics group chaired by former Patrick's boss Chris Corrigan, has taken another big step forward with last week's Quattro Grain deal.
|Qube Holdings Ltd
|Chris Corrigan
|Company News, Transport/Rail, Transport/Freight
Atlas Iron chief says rail deal still long way down line
28 March 2014 | Bianca Hartge-Hazelman
PRINT: 28 March 2014 | PAGE 2 |
Atlas Iron executive Mark Hancock has said a deal to share rail access in the Pilbara is still a long way off, despite pressure from shareholders and suggestions Gina Rinehart had become a more appealing partner.
|Atlas Iron Ltd, Fortescue Metals Grp, BHP Billiton Ltd
|Mark Hancock, Gina Rinehart
|Metals & Mining/Iron & Steel, Transport/Rail, Transport/Freight
New directions for growth predicted
26 March 2014 | Chris Tolhurst
PRINT: 26 March 2014 | PAGE 1 | Dollar drop helps
For many business observers, the iron ore price rout points to a need for a rebalancing in the range of goods and services we sell overseas. Some leading industry heads offer their opinion on where we are heading.
|Commonwealth Bank.
|Shane Oliver
|Economy/Trade, Transport/Shipping, Economy/Foreign Investment, Transport/Shipping, Transport/Freight, Consumer Goods & Services/Tourism & Travel, Consumer Goods & Services/Retail & Wholesale
Port customers sail into stormy waters
26 March 2014 | Chris Tolhurst
PRINT: 26 March 2014 | PAGE 1 | Stormy waters for port customers
A lack of competition and complicated charging structures all add up to high costs for port users.
|Infrastructure/Ports, Consumer Goods & Services/Tourism & Travel, Employment & Industrial Relations, Manufacturing, Metals & Mining, Transport/Automobiles, Transport/Freight, Transport/Rail, Transport/Shipping, Transport/Trucking
Decrepit rail network threatens food boom
25 March 2014 | Julie-anne Sprague
PRINT: 22 March 2014 | PAGE 1 | Poor rail could cost economy
The chairman of eastern Australia's biggest grains handler GrainCorp, Don Taylor, has labelled the nation's rural railways a disgrace and warned that grain growers could soon become uncompetitive globally.
|Graincorp Ltd, CBH Resources Ltd, AWB Ltd
|Don Taylor
|Agribusiness, Company News, Politics, Economy, Transport, Transport/Rail, Transport/Freight
NSW says McAleese tankers to keep rolling
20 March 2014 | Jenny Wiggins
McAleese's Cootes tankers will be allowed to continue operating on NSW roads after agreeing to upgrade its fleet and have an external operator review in house maintenance.
|Mcaleese Ltd
|Company News, Transport/Trucking, Transport/Freight
Linfox's long-time chief to stand down
19 March 2014 | Jenny Wiggins
PRINT: 19 March 2014 | PAGE 2 | Linfox's long-time
Linfox Logistics' chief executive Michael Byrne will leave the trucking group at the end of the year after nine years in the top job, raising questions whether the Fox family will take more direct control of its logistics arm.
|Company News, Transport/Trucking, Transport/Freight
Search is on for next Linfox CEO
18 March 2014 | Jenny Wiggins
Linfox plans to undertake internal and external searches to find a replacement for chief executive officer Michael Byrne, who is understood to be looking for a new challenge after nearly a decade with the privately-held group.
|Michael Byrne, Peter Fox
|Company News, Transport/Freight, Transport/Automobiles
Qube eyes oil and gas expansion
13 March 2014 | Michael Smith
Qube Logistics chief executive Maurice James says his company may be the new kid on the block, but he is confident about the company's prospects, despite stiff competition and soft economic growth.
|Qube Holdings Ltd
|Chris Corrigan
|Transport/Freight, Transport/Shipping, Transport/Rail
Linfox wins BP NSW contract from Cootes
05 March 2014 | Jenny Wiggins
PRINT: 06 March 2014 | PAGE 3 | Linfox wins BP NSW contract from Cootes
Trucking group Linfox has won energy group BP's five-year metropolitan fuel distribution contract in NSW, replacing the McAleese Group's Cootes Transport, after pledging to provide new tankers and high safety standards.
|Company News, Transport/Trucking, Transport/Freight
Aurizon locks out 200 drivers in wage dispute
25 February 2014 | Mathew Dunckley
PRINT: 26 February 2014 | PAGE 1 | Aurizon locks out striking train drivers
Industrial turmoil in the Hunter Valley coal region has dramatically escalated after rail operator Aurizon vowed to lock out its drivers in retaliation for this week's strike.
|Aurizon Holdings Ltd, BHP Billiton Ltd
|Eric Abetz, Lance Hockridge
|Employment & Industrial Relations, Transport/Freight
Cootes contract cuts fuel $38m loss for McAleese
24 February 2014 | Matt O'Sullivan
PRINT: 25 February 2014 | PAGE 5 | Contract cuts fuel $38m loss for McAleese
McAleese on Monday released audited first-half results confirming a $38 million loss.
|Mcaleese Ltd
|Mark Rowsthorn
|Transport/Freight, Transport
McAleese may retire Cootes brand as part of restructure
24 February 2014 | Jenny Wiggins and Angela Macdonald-Smith
PRINT: 25 February 2014 | PAGE 1 | McAleese may retire Cootes brand
The Cootes trucking brand may be scrapped by the McAleese Group almost 50 years after it was founded as the transport group tries to restore its reputation following last year's fatal fuel tanker crash in Sydney.
|Mcaleese Ltd
|Mark Rowsthorn
|Company News, Transport/Freight, Transport/Trucking
NT eyes investors for Darwin port
24 February 2014 | Angela Macdonald-Smith
PRINT: 24 February 2014 | PAGE 3 | NT eyes investors for Darwin port
Northern Territory Chief Minister Adam Giles will embark on a drive to bring billions of dollars of private investment to expand port facilities in Darwin, including a potential second port.
|APA Group
|Adam Giles, David Tollner
|Energy & Utilities, Metals & Mining, Politics/NT Politics, Transport/Freight, Transport/Shipping
Qube Logistics targets Moorebank freight hub
21 February 2014 | Jenny Wiggins
Qube Logistics has confirmed it is bidding to develop a freight hub at Moorebank in southwestern Sydney as it delivered a 16 percent rise in first-half net profit after tax to $43.4 million.
|Qube Holdings Ltd, Aurizon Holdings Ltd
|Company News, Transport/Freight, Transport/Rail, Transport/Shipping, Company News/Earnings & Reporting
Toll's first-half net profit falls 10pc
19 February 2014 | Jenny Wiggins
PRINT: 19 February 2014 | PAGE 2 |
Updated | The resources slump weakened demand for Toll's transport services as the logistic group's first-half net profit after tax fell 10 per cent to $175.9 million from $195.5 million a year earlier
|Toll Holdings Ltd
|Transport/Trucking, Transport/Freight, Transport/Automobiles, Company News/Earnings & Reporting
Aurizon profit falls 39pc as it scales back fleet
17 February 2014 | Jenny Wiggins
PRINT: 17 February 2014 | PAGE 2 | Miners' cost cuts boost Aurizon profits
Updated | Aurizon lifted its coal haulage forecast for 2014 as the rail operator reported a 39 per cent drop in net profit after slashing jobs and shrinking its locomotive fleet.
|Aurizon Holdings Ltd
|Lance Hockridge
|Company News, Company News/Earnings & Reporting, Transport/Rail, Transport/Freight
McAleese denies breach of obligations
11 February 2014 | Jenny Wiggins
PRINT: 12 February 2014 | PAGE 25 | McAleese denies breach of obligations
The McAleese Group has defended its disclosure practices after class action law firm Maurice Blackburn said it was investigating the owner of Cootes petrol tankers.
|Mcaleese Ltd
|Mark Rowsthorn, Duncan Gay
|Company News, Company News/Earnings & Reporting, Transport, Transport/Freight, Transport/Shipping
Port Botany automated terminal start delayed: Asciano
06 February 2014 | Jenny Wiggins
Updated | The opening of an automated container terminal at Patrick's Port Botany by mid-2014 is likely to be delayed after equipment shipped from Europe was damaged in a storm.
|Asciano Ltd
|Infrastructure/Ports, Company News, Transport, Transport/Freight, Transport/Shipping
McAleese (MCS)
04 February 2014 | Elise Shaw
JPMorgan has initiated coverage on troubled new market entrant McAleese, slapping an 'overweight' recommendation on the stock and describing investors' response to contract losses as an 'overreaction'.
|Mcaleese Ltd
|Transport/Trucking, Transport/Freight, Financial Markets/Equities Markets
Asciano faces industrial action from coal train drivers
02 February 2014 | Jenny Wiggins
The union representing Asciano's Queensland coal train drivers will consider potential industrial action after claiming negotiations over a new employment agreement had stalled.
|Company News, Transport/Rail, Transport/Freight, Employment & Industrial Relations
MIC vetoes separate Moorebank terminals
30 January 2014 |
PRINT: 30 January 2014 | PAGE 8 | MIC vetoes separate Moorebank terminals
The federal government has ruled out developing two separate freight terminals at Moorebank in south-western Sydney as it tries to ease community concerns over technical data used to support the $800 million project.
|Qube Holdings Ltd, Aurizon Holdings Ltd
|Kerry Schott
|Company News, Politics/NSW Politics, Transport/Freight, Transport/Rail, Transport/Trucking, Construction & Engineering
Weak $A pushes up construction costs
30 January 2014 | Michael Bleby
PRINT: 30 January 2014 | PAGE 2 | Cost of construction soars under pressure from weak $A
Construction costs in Australia will rise 3 per cent this year, more than twice as fast as last year and the greatest rate of growth since before the global financial crisis, as a weaker dollar pushes up the cost of imported inputs such as equipment, fuels and metals, research company Macromonitor says.
Hopkins joins Australia Post after Harrop's move
29 January 2014 | Agnes King
PRINT: 29 January 2014 | PAGE 1 | Australia Post appoints acting finance chief after resignation
Former Deloitte auditor Janelle Hopkins has been appointed acting chief financial officer of Australia Post, replacing Alison Harrop who defected to Westpac earlier this month.
Qantas freight division may go in cost-cutting review
28 January 2014 | Jamie Freed
Qantas Airways may consider selling its freight division, although a weak air cargo market and the loss of operational flexibility could make that a less likely option than floating its frequent flyer program.
|Qantas Airways, Virgin Aus Hldg Ltd
|Geoff Dixon
|Transport/Freight, Transport/Aviation
The happy tale of Aurizon's privatisation
24 January 2014 | MICHAEL SMITH
Chanticleer | Queensland's decision to spin-off QR National proved wise as cost cuts and solid coal haulage volumes over the past year have pushed the rail-freight company's share price to fresh highs.
|Aurizon Holdings Ltd
|Lance Hockridge
|Metals & Mining, Metals & Mining/Coal, Metals & Mining/Iron & Steel, Company News, Transport/Rail, Transport/Freight
Atlas Iron takes on rail operators over road charges
24 January 2014 | Jenny Wiggins
PRINT: 24 January 2014 | PAGE 3 | Atlas takes the high road on user charges
Iron ore producer Atlas Iron has rejected calls by rail operators for higher road charges for heavy vehicles, arguing any increases would hurt smaller miners' profits.
|Atlas Iron Ltd, Asciano Ltd, Aurizon Holdings Ltd
|Company News, Construction & Engineering, Transport/Freight, Transport/Rail, Transport/Trucking
WestConnex expressions of interest close
23 January 2014 | Jenny Wiggins
PRINT: 23 January 2014 | PAGE 19 | NSW pushes ahead with WestConnex
Up to eight consortiums are believed to have submitted expressions of interest to build the initial stage of NSW's $11 billion WestConnex motorway as the government pushes ahead with the project despite criticism over its lack of financial transparency.
|Duncan Gay
|Infrastructure/Roads, Company News, Politics/NSW Politics, Construction & Engineering, Transport/Freight, Transport/Automobiles
Brisbane terminal ends Patrick, DP duopoly: Hutchison
22 January 2014 | Jenny Wiggins
PRINT: 22 January 2014 | PAGE 18 | Patrick, DP duopoly is over, says Hutchison
The opening of Hutchison Ports Holdings' new Brisbane terminal will lower shipping costs by breaking up Patrick's and DP World's stevedoring duopoly, says Hutchison's Australian boss, Stephen Gumley.
|Warren Truss
|Infrastructure/Ports, Company News, Transport/Shipping, Transport/Freight, Politics/Queensland Politics
Rail freight cost-benefit analysis under fire in NSW
17 January 2014 | Jenny Wiggins
PRINT: 17 January 2014 | PAGE 3 | Rail freight analysis under fire in NSW
The federal and NSW governments are 'mis-allocating' capital by spending $1.1 billion building the Northern Sydney Freight Corridor because the financial analysis used to justify it is flawed, a former CSIRO scientist has claimed.
|Construction & Engineering, Transport/Rail, Transport/Freight, Politics/NSW Politics, Politics/Federal Politics
Full operation delayed at new Brisbane terminal
13 January 2014 | Jenny Wiggins
PRINT: 13 January 2014 | PAGE 2 | Automated cranes hit stumbling block as Brisbane terminal opens
Hutchison Ports Holdings will officially open its new Brisbane container terminal next week as the Hong Kong operator sorts out teething problems with new automated equipment.
|Asciano Ltd
|Rod Sims
|Infrastructure/Ports, Company News, Transport/Shipping, Transport/Freight
Trade buyers eye north Queensland ports
09 January 2014 | Sarah Thompson, Anthony Macdonald and Gretchen Friemann
PRINT: 09 January 2014 | PAGE 12 | Trade buyers pore over north Qld ports
With the sale of the Port of Newcastle on track to be sorted by April, attention is now turning to the next potential ports deal: the sale of Queensland ports Gladstone and Townsville.
|Aurizon Holdings Ltd, Asciano Ltd, Qube Holdings Ltd
|Infrastructure/Ports, Transport/Shipping, Transport/Freight, Transport/Rail, Transport, Mergers & Acquisitions
Albanese: Abbott government pushing public transport bill on states
06 January 2014 | John Kerin
PRINT: 06 January 2014 | PAGE 2 | Abbott pushing commuter bill on states: Labor
The opposition has accused Prime Minister Tony Abbott of having a "bias against-urban public transport", attempting to shift the cost burden for non-road projects on to cash-strapped states and dragging down efforts to lift productivity.
Asciano (AIO)
03 January 2014 | Elise Shaw
Morningstar has a "reduce" recommendation on rail and ports operator Asciano and a 12-month price target of $5.64.
|Asciano Ltd
|Transport/Freight, Financial Markets/Equities Markets
Dream deals | Asciano to buy Qube Logistics
02 January 2014 | Jenny Wiggins
PRINT: 03 January 2014 | PAGE 2 | Infrastructure/Transport
|Asciano Ltd, Qube Holdings Ltd
|Chris Corrigan, John Mullen
|Company News, Transport/Trucking, Transport/Shipping, Transport/Rail, Transport/Freight
Transurban close to completing Tunnel deal
24 December 2013 | Max Mason
Transurban is close to completing the purchase of $475 million of debt held by Sydney's Cross City Tunnel with the transaction expected to be finished by December 31.
|Transurban Group
|Transport/Automobiles, Transport/Freight, Financial Markets
Asciano (AIO)
16 December 2013 | Elise Shaw
Morningstar raised its recommendation on Asciano to "hold" from "reduce" with a $5.36 price target and said growth was largely a function of the economic cycle, demand for coal and agricultural conditions.
|Asciano Ltd
|Financial Markets/Equities Markets, Transport/Shipping, Transport/Rail, Transport/Freight
Labor's shipping rules lift costs, say Tassie exporters
16 December 2013 | Marianna Papadakis
PRINT: 16 December 2013 | PAGE 2 | Shipping costs up, say Tassie exporters
Tasmanian exporters have blamed Labor's changes to coastal legislation for increasing sea freight costs and lowering the state's trade, adding to the hardships of businesses since the loss of direct international shipping services two years ago.
|Transport/Freight, Transport/Shipping
Qube welcomes Moorebank freight hub
13 December 2013 |
Qube Logistics has welcomed the federal government's formal call for expressions of interest (EOI) to develop a freight hub at Moorebank in Sydney's south-west.
Coal outlook crucial for Newcastle sale
11 December 2013 | Jenny Wiggins
PRINT: 11 December 2013 | PAGE 15 | Coal outlook crucial for Newcastle sale
Prospective buyers for the Port of Newcastle will be asked to submit bids by the end of January after the NSW government received expressions of interest earlier this week.
|Asciano Ltd
|Infrastructure/Ports, Transport/Shipping, Transport/Freight, Company News, Politics/NSW Politics
Mailplus flags possible IPO or sale
10 December 2013 | Agnes King
PRINT: 10 December 2013 | PAGE 1 | Mailplus flags possible IPO, sale
First-and-last-mile logistics provider Mailplus has flagged a potential initial public listing or sale to private equity next year.
|Company News, Mergers & Acquisitions/IPO's, Mergers & Acquisitions/Company Trade Sales, Consumer Goods & Services/Retail & Wholesale, Consumer Goods & Services/Tourism & Travel, Transport, Transport/Freight, Transport/Trucking
Qube Holdings (QUB)
05 December 2013 | Sineva Toevai
Morningstar has raised its recommendation on Qube Holdings to "hold" from "reduce".
|Qube Holdings Ltd
|Transport/Freight, Financial Markets/Equities Markets
Queensland sells $350m Aurizon stake to pay debt
03 December 2013 | Jenny Wiggins
The Queensland government has cut its stake in Aurizon to below 5 percent after selling $350 million of shares in the rail group to pay down debt.
|Aurizon Holdings Ltd
|Tim Nicholls
|Company News, Transport/Rail, Transport/Freight, Politics/Queensland Politics
Hockey's language tells the story without anti-ADM books
30 November 2013 | Phillip Coorey
PRINT: 30 November 2013 | PAGE 5 | Hockey's language tells the story without anti-ADM books
Lying around Joe Hockey's office are four or five copies of the book, Rats in the Grain: The Dirty Tricks and Trials of Archer Daniels Midland, the Supermarket to the World.
Fischer: Aurizon is taking a narrow view on gauges
28 November 2013 | Jenny Wiggins
PRINT: 28 November 2013 | PAGE 2 | Aurizon takes narrow view on gauges
Former deputy prime minister Tim Fischer has hit out at Aurizon's plans to build a narrow gauge rail network in Queensland's Galilee Basin, claiming the state would take "a massive step backward" after the rail group abandoned plans for a standard gauge line.
|Aurizon Holdings Ltd
|Lance Hockridge, Angus Mckay
|Company News, Transport/Freight, Transport/Rail
Aurizon, GVK Hancock to build 300km rail corridor
25 November 2013 | Jenny Wiggins
PRINT: 25 November 2013 | PAGE 1 | Coal price fall hits Aurizon rail plans
Aurizon has scaled back a proposed $6 billion rail development in Queensland's Galilee basin with India's GVK Hancock, now planning to build only 300 kilometres of new track instead of 500 kilometres.
|Aurizon Holdings Ltd
|Clive Palmer
|Company News, Transport/Rail, Transport/Freight, Metals & Mining/Coal
Port sale plan 'not an easy decision': Andrews
19 November 2013 | Mathew Dunckley
PRINT: 19 November 2013 | PAGE 2 | Buy one Vic port, and get the next one too
Updated | Selling the nation's busiest container port, the Port of Melbourne, would demonstrate that Labor is a modern political party, says Victoria's Opposition Leader Daniel Andrews.
|Daniel Andrews, Michael O'Brien, Denis Napthine, Brett Himbury
|Transport, Politics, Politics/Federal Politics, Transport/Automobiles, Transport/Freight, Transport/Shipping, Transport/Trucking, Politics/Victorian Politics
Aurizon gets first strike over executive pay
13 November 2013 | Jenny Wiggins
Updated | Aurizon received a strike on its remuneration report at its annual general meeting in Brisbane with 28 percent of proxy votes cast against as investors criticised the rail group's excessive pay packages.
|Aurizon Holdings Ltd
|Company News, Transport, Company News/Executive Remuneration, Transport/Freight, Transport/Rail
Prescott faces outcry over executive pay
12 November 2013 | Jenny Wiggins
PRINT: 12 November 2013 | PAGE 3 | Prescott faces outcry over executive pay
Aurizon chairman John Prescott will face calls to retire at the rail group's annual general meeting on Wednesday amid investor criticism over his handling of executive remuneration.
|Aurizon Holdings Ltd
|John Prescott, Lance Hockridge
|Company News, Transport/Rail, Transport/Freight
New Victorian port zones to boost warehouse development
12 November 2013 | Larry Schlesinger
PRINT: 12 November 2013 | PAGE 2 | Port zones to spur developers
A planning permit for warehouses and wharfs will not be required provided port managers comply with the provisions of the relevant planning scheme.
|Matthew Guy
|Construction & Engineering/Building Construction, Property - Commercial, Property - Commercial/Industrial Property, Transport/Freight, Transport/Shipping
Asciano chair urges swift change to 'over-regulated' IR
12 November 2013 | Jenny Wiggins
PRINT: 12 November 2013 | PAGE 1 |
Asciano chairman Malcolm Broomhead has called for industrial relations change "sooner rather than later" arguing more flexibility is needed in workplace agreements.
|Asciano Ltd
|Company News, Transport, Transport/Freight, Transport/Rail, Transport/Shipping
ACCC applauds entry of stevedore Hutchison Ports
08 November 2013 | Jenny Wiggins
PRINT: 08 November 2013 | PAGE 3 |
Australia's newest stevedore operator, Hutchison Port Holdings, will lower prices for shippers by boosting competition, Australian Competition and Consumer Commission chairman Rod Sims has forecast.
|Rod Sims
|Infrastructure/Ports, Company News, Transport/Freight, Transport/Rail, Transport/Shipping, Transport/Trucking
Cleaner air, healthier truckers top Linfox list
06 November 2013 | Jenny Wiggins
PRINT: 01 November 2013 | PAGE 2 | Cleaner air and healthier truckies at top of Linfox list
Exclusive | Linfox is well on track to meet its target of cutting greenhouse gas emissions target by 50 per cent by 2015, and owner Peter Fox is on to the next challenge: improving the health of its 21,000 logistics workers, including more than 5000 truckers.
|Toll Holdings Ltd
|Peter Fox, Lindsay Fox
|Company News, Transport/Trucking, Transport/Freight
Aurizon's customers apply the brakes
05 November 2013 | Matthew Stevens
PRINT: 06 November 2013 | PAGE 34 | Aurizon's aspirations derailed
The level of unvarnished commercial distrust directed at Aurizon by the customers of its monopoly Queensland coal freight network continues to amaze and confound Australia's biggest rail operator.
|Aurizon Holdings Ltd, Rio Tinto Ltd
|Transport, Transport/Freight, Transport/Rail
Asciano (AIO)
30 October 2013 | Marianna Papadakis
Deutsche Bank maintains a 'buy' recommendation for logistics group Asciano but downgraded EBITDA by 1.8 per cent and earnings per share by 7 per cent.
|Asciano Ltd
|Financial Markets/Equities Markets, Transport/Freight, Transport/Rail, Transport/Shipping
Atlas Iron says Hancock Prospecting's rail development a possible solution
29 October 2013 | Michael Hobbs
PRINT: 29 October 2013 | PAGE 3 | Atlas seeks rail partner
Updated | Atlas Iron's chief development officer Robert Wilson says the firm needs a rail solution to transporting its ore, and Hancock Prospecting's Roy Hill rail development remains an option.
|Atlas Iron Ltd, Fortescue Metals Grp
|Gina Rinehart, Andrew Forrest
|Transport/Freight, Metals & Mining/Iron & Steel
Goodman wins $30m lease deal
25 October 2013 | Matthew Cranston
PRINT: 25 October 2013 | PAGE 1 | Global partnership pays off for Goodman Group
Goodman Group has leveraged another global relationship securing logistics firm DB Schenker for a new industrial facility in Brisbane worth more than $50 million.
|Goodman Group, Australand Property, Dexus Property Group, GPT Group
|Property - Commercial/Industrial Property, Transport/Freight, Construction & Engineering
Privatise the Australian Rail Truck Corporation: Greiner
24 October 2013 | Michael Hobbs
Former New South Wales premier Nick Greiner is expected to lobby for the privatisation of the Australian Rail Truck Corporation.
|Bradken Ltd, Aurizon Holdings Ltd
|Nick Greiner, Barry O'Farrell, Lance Hockridge, Joe Hockey
|Transport/Freight, Transport/Rail, Metals & Mining/Coal
McAleese head calls for government action on freight
24 October 2013 | Jenny Wiggins
PRINT: 24 October 2013 | PAGE 4 | McAleese head calls for action
McAleese Group chairman Mark Rowsthorn has called on the Abbott government to push ahead with freight projects that create "step change" to boost productivity.
|Mark Rowsthorn, Warren Truss
|Transport/Freight, Transport/Rail
Aurizon's 7-year bond deal a record
23 October 2013 | Jonathan Shapiro
PRINT: 24 October 2013 | PAGE 4 | Aurizon's
Aurizon Network's $525 million seven-year bond deal marked another positive step for the local bond market.
|Financial Markets/Equities Markets, Financial Markets/Bonds Markets, Transport/Rail, Transport/Freight
Infrastructure builds business
22 October 2013 | James Dunn
PRINT: 22 October 2013 | PAGE 1 | Building up the economy requires investment
Australia saw a 35 per cent slump in public infrastructure investment in 2012-13 compared with the previous financial year, according to Infrastructure Partnerships Australia's Australian Infrastructure Metric.
|Construction & Engineering/Engineering, Property - Commercial/Infrastructure Development, Transport/Freight, Transport/Rail, Transport/Shipping, Transport/Trucking
Symposium charts the nation's health
22 October 2013 | Mark Eggleton
PRINT: 22 October 2013 | PAGE 1 | To chart the nation's health
Trying to eke out solutions to some of the nation's more intractable issues across a range of sectors was the general theme at last week's Australia 2.0 Symposium held in Melbourne and facilitated by SBS's Jenny Brockie.
|Jenny Brockie
|Education, Construction & Engineering, Health & Wellbeing, Economy/Taxation, Economy/Trade, Economy/Fiscal Policy, Transport/Freight, Transport/Rail, Transport/Trucking
Australia 2.0: Key to change is conversation
22 October 2013 | Mark Eggleton
PRINT: 22 October 2013 | PAGE 1 | Key to change is conversation
Australia's productivity debate often gets stuck in the rhetorical shallow end of the pool. Most discussion dwells on industrial relations and not much else, as unions and rising labour costs are the simplest and most emotive issues.
|Transurban Group, Sirtex Medical
|Gilman Wong, Steven Sargent
|Economy/Fiscal Policy, Economy/Foreign Investment, Transport/Freight, Transport/Rail, Transport/Trucking, Politics/Federal Politics
Aurizon boss slams government plans for Sydney freight terminal
19 October 2013 | Jenny Wiggins
PRINT: 19 October 2013 | PAGE 3 | Aurizon boss slams federal freight plans
Aurizon chief executive Lance Hockridge has hit out at the federal government's plans to build an intermodal freight terminal in south-western Sydney, arguing a private sector proposal led by the rail group and Qube Logistics is "years ahead".
|Aurizon Holdings Ltd
|Lance Hockridge, Kerry Schott, Warren Truss
|Company News, Transport/Freight, Transport/Rail, Politics/Federal Politics
Moorebank better in private sector's hands: Aurizon
18 October 2013 | Jenny Wiggins
Aurizon's CEO has hit out at the Federal Government's plans to build an intermodal freight terminal in south-western Sydney, arguing a private sector proposal led by the rail group and Qube Logistics is "years ahead".
|Aurizon Holdings Ltd, Qube Holdings Ltd
|Lance Hockridge
|Company News, Transport/Rail, Transport/Freight, Politics/NSW Politics, Politics


text:
The chairman of the Republican Party in Maricopa County rejected a call for him to resign Thursday for comparing Gov. Jan Brewer to Judas because she wants to expand the state's Medicaid plan, but he said he didn't mean to disrespect the governor or her office.Read More »
Tag Archives: Jan BrewerFeed Subscription
Federal court hears arguments in Arizona immigrant driver's license battle
The first major legal battle over President Barack Obama's policy allowing young illegal immigrants to stay in the United States focuses on whether the federal government or state officials have the authority to decide who is legally in the country.Read More »
Bill aims to prevent court battles over settlement money
A bill that would change the way the state handles money from court settlements with the Attorney General's Office could help prevent the kinds of court battles that ensued after the Legislature swept $50 million into the general fund last year.Read More »
LaFaro says he hopes his "Judas'' comment taught governor a lesson
The comments by Maricopa County Republican Party chairman A.J. LaFaro equating Gov. Jan Brewer to Judas Iscariot for pushing Medicaid expansion have created a firestorm and led to calls for his resignation.Read More »
Mayors unveil own sales tax simplification plan
Mayors of Arizona cities offered an alternative plan to simplify the state's sales tax code today, hours before a Senate panel began tackling key provisions of Gov. Jan Brewer's proposal.Read More »
Ariz. House to hold 1st Medicaid expansion hearing
A proposal by Gov. Jan Brewer to expand the state's Medicaid plan under provisions of the federal health care overhaul gets it first legislative hearing Wednesday.Read More »
Brewer tells Biggs to slow down the pace
Little progress has been made on Gov. Jan Brewer's agenda for the legislative session, and she's sending a clear signal that she wants to see some movement on her priorities before she deals with theirs. But the Ninth Floor says Brewer isn't threatening to dust off the veto stamp.Read More »
Legislature poised to shield lottery winners names
The Arizona Senate has given initial approval to a bill allowing lottery winners to keep their anonymity. Monday's voice vote leaves the legislation one vote away from final legislative passage.Read More »
Arizona universities propose 3-5 percent tuition hikes
Northern Arizona University students could see tuition increase 5 percent, and students at Arizona State University and the University of Arizona could owe 3 percent more next year under proposals released Friday.Read More »
Feds to make arguments over SB1070
A federal court is allowing lawyers from the U.S. Department of Justice to participate in arguments on April 2 over Arizona Gov. Jan Brewer's bid to overturn a ruling that bars police from enforcing a minor part of the state's 2010 immigration law.Read More »

subset: commoncrawl


text:
24-hour room service; The Regent, Hong Kong
Friday 17 March 2000
From the skyscrapers to the shopping to the sophisticated hotels, Hong Kong should be done in style. After a hard day exploring the sights, the latter is by far the most important and, of all the luxury hotels, the Regent offers perhaps the most inviting stretch of air-conditioned calm.
From the skyscrapers to the shopping to the sophisticated hotels, Hong Kong should be done in style. After a hard day exploring the sights, the latter is by far the most important and, of all the luxury hotels, the Regent offers perhaps the most inviting stretch of air-conditioned calm.
Luxury in Hong Kong comes with a capital L. At the Regent that means 17 storeys of dark polished granite to explore by day, complete with upmarket shopping arcade and sleek "East-meets-West" interior and a choice of three outdoor spa pools - all different temperatures - in which to languish while overlooking twinkling skyscrapers at dusk.
The hotel is not purely the domain of visitors, but is also frequented by local residents looking for a good time. Plume, one of five restaurants, reputedly serves some of the finest Chinese this side of Peking. Table settings alone here are worth £700 apiece.
After dinner, there's cocktail lounging in the bar and a three-storey plate glass window to give you one of the most spectacular views over Hong Kong.
Location, location, location
18 Salisbury Road, Kowloon, Hong Kong (00 852 2721 1211).
Being on the Kowloon side of the city, there's a dazzling view across the famous skyline and easy access to most areas. Hong Kong has one of the best public transport systems in the world. For an atmospheric trip, take the famous Star Ferry across the harbour (about HK$2 or 20p) to Hong Kong Island. There's an express rail link from Kowloon to Chek Lap Kok airport on Lantau Island every ten minutes. The trip takes 23 minutes and costs about £5 each way. There is also a slightly cheaper Airbus to and from the airport.
Are you lying comfortably?
Beds are of the large and comfortable variety. To enjoy them best, leave the curtains open and watch the sampans and boats toing and froing across Victoria Harbour.
Alternatively, get horizontal at the hotel spa. For about £50 you can have your own private spa - a polished-granite room with jacuzzi, steam shower and sauna - in which to enjoy a vast array of treatments. If you're suffering from executive burn-out, the "stress recovery day" guarantees you'll be as relaxed as mush come sundown.
There are 602 rooms, 92 of which are suites. Two-thirds of the rooms look directly across the harbour; if your budget stretches to it, get a deluxe suite with its own open-air jacuzzi. All rooms are air-conditioned, with a special air-purifying system.
Bathrooms are floor-to-ceiling Italian marble, stuffed with delicious toiletries by Bulgari. The deep baths fill in 60 seconds, so don't go wandering off.
E-mail ports in every room and a hi-tech business centre make it easy to stay in touch. And, if you really want to, you can close that all-important merger from the phone in your bathroom.
The bottom line
A superior, plaza-view room costs HK$2,950 (£270), a deluxe harbour-view room HK$4,250 (£390) and a deluxe harbour-view suite a sky-high HK$11,700 (£1,060).
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PICTORIAL REVIEW: 2014 F1 Bahrain Grand Prix
With so many great pictures appearing on Crash.net over an F1 weekend it can be hard to keep track. So, here we bring you ten pictures that sum up the 2014 F1 Bahrain Grand Prix, a race where Lewis Hamilton came out top following a thrilling battle with Mercedes team-mate Nico Rosberg.Enjoy... Lewis Hamilton takes the lead at the start from P2 on the grid... Hamilton and Nico Rosberg run around 1-2 seconds apart early on... Rosberg closes right up on Hamilton before their first pit stops and even briefly gets ahead... Hamilton stops on lap 19 and sticks with soft tyres. Rosberg pits a few laps later from second and opts for mediums. Hamilton is then able to pull away... Pastor Maldonado...
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