Despite an 18% decline in bulk milk and coal revenues in FY16, KiwiRail chairman John Spencer has praised the New Zealand operator’s “strong” financial performance, which has led to an
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Name change reflects Bowmans’ rail focus
Reflecting a new direction for the company is the reason for a name change by logistics freight business Bowmans Intermodal, which henceforth is to be known as Bowmans Rail.
According to the company, the
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Tenders out to replace Central West line bridges
Contractors are being asked to tender for nearly $9 million of rail bridge upgrade work on Queensland’s Central West line.
The Palaszczuk Government has launched the third stage of its program to replace,
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Despite profit slump, Qube heralds “transformational” FY16
An 18% decline in underlying net profit in FY16 was not enough to dampen the spirits of Qube managing director Maurice James, who labelled the 12-month stretch one of “transformational achievement”
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Fortescue cost cutting rewarded with ratings upgrade
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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$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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Qube & Brookfield complete Asicano deal
Acquisition of rail, automotive and stevedoring giant Asciano completed on Thursday/Friday last week according to a statement from one of the main buyers, Qube.
On Thursday, August 18, Qube acquired all
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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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