Fortescue Metals Group has welcomed an upgrade from ratings agency Moody’s, after the ASX-listed iron ore miner announced a net profit of AUD$1.3 billion on August 22.
FMG announced to the stock exchange
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Closed lines to be used for tourism under Tas bill
Tasmanian infrastructure minister Rene Hidding has launched a new bill to enable non-operational rail lines to be used for things like cycle and walking tracks, horse riding and running.
The Strategic
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South Australia to ban alcohol ads from trains
The South Australian Government will ban alcohol advertising on buses, trains and trams from 2017, in an effort to curb youth drinking.
A recent review of South Australia’s liquor laws found a considerable
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$3m for Townsville rail project business case
Federal minister for infrastructure and transport Darren Chester has confirmed a $3 million commitment for the development of a development case for the Townsville Eastern Access Rail Corridor (TEARC)
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Downer reveals hefty cost of bidding for big contracts
Engineering group Downer has revealed the cost of doing business in today’s major transport project space, reporting the cost of its failed bid to deliver the New South Wales New Intercity Fleet contract.
Downer
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WA appoints new director general of Transport
West Australian minister for transport Dean Nalder has appointed Richard Sellers as the new director general of the Department of Transport.
Sellers, appointed for a five-year term, will take up the role
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State upgrades Phalps Road crossing after July collision
Boom gates and flashing lights have been installed at the level crossing in Victoria’s west where a collision between a truck and a passenger train injured roughly a dozen people in July.
Phalps
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Aurizon nets 5-year K&S Freighters deal
Aurizon will move the equivalent of 20,000 twenty-foot containers across Australia every year under a five-year deal with K&S Freighters.
The Queensland-based operator’s executive vice president
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Hunter maintenance shutdown this week
The Australian Rail Track Corporation will deliver more than $20 million in maintenance work to the Hunter Valley network during a 60-hour planned maintenance shutdown this week.
ARTC executive general
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Oakey Beef upgrade begins
Work has started on a $2.5 million project to upgrade rail infrastructure for the expansion of Oakey Beef Exports in South West Queensland.
Queensland Rail crews will upgrade a rail siding at Mitchell,
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