Aurizon slipped to its lowest share price since September 2012 on Monday, after chief executive Lance Hockridge revealed more than a quarter of the rail operator’s coal customers are operating at breakeven,
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Port Botany doesn’t need another expensive rail project, just better utilisation
COMMENT: Improving the efficiency of existing rail infrastructure into Port Botany will deliver the capacity gains it will need, write Daniel Harbour, Daniel Guimarans, and Pascal Van Hentenryck.
Every
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SA nuclear dump would need rail, port access
A nuclear waste disposal site in outback South Australia could be highly profitable, but would require construction of a new, secure port and railway, a Royal Commission has found.
South Australia’s
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IA calls for reforms to drive more people, freight to rail
Infrastructure Australia has highlighted the preservation of future rail corridors, the development of metro-style passenger networks in key cities, and reform in the planning and funding of transport
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Asciano makes $88m switch from Brookfield to Qube
Australian port and rail giant Asciano will pay an $88 million break fee to back out of a takeover bid from Canadian infrastructure fund Brookfield, so it can fully support a rival bid from Qube Holdings.
Asciano
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Work begins on Stuart intermodal project
Aurizon last week began construction on a new $40 million intermodal facility at Stuart near Townsville.
Lance Hockridge, chief executive of the Queensland-based operator, said the Stuart Intermodal Facility
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Swiegers appoints new CFO to Aurecon
Newly-appointed Aurecon chief executive Giam Swiegers has named a new chief financial officer, and has added a new divisional managing director to the company’s executive committee.
Swiegers, who took
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Business concerns over lack of Melbourne deal
Business and industry groups are expressing concerning about the lack of progress towards a deal to privatise Australia’s largest container terminal.
Last week it was revealed the Victorian Labor government
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Rail key to Ports of Auckland’s Waikato freight hub
Ports of Auckland management has announced it has signed a conditional agreement to buy 33 hectares of land at Northgate Business Park for a freight hub.
According to POAL, the site has excellent road
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Broad, Kilgariff pay tribute to departing Truss
The Australasian Railway Association and the Australian Logistics Council are among the bodies who paid tribute to the retiring minister for infrastructure and regional development, Warren Truss on Thursday.
ARA
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