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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China to build 15 more locos for KiwiRail
New Zealand operator KiwiRail has signed a deal to buy 15 more DL locomotives from Chinese rollingstock manufacturer CRRC, to add to the existing fleet of 48.
The new Gen 2.3 locomotives will feature improvements
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With float bidder looming, CBH offers options to members
Grain exporter CBH Group has offered a range of potential business models for its members to choose from, as part of a review which stemmed from a failed proposal to float the business on the ASX earlier
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$8bn loss for BHP
BHP Billiton boss Andrew Mackenzie is confident the mining giant can bounce back in a big way over the next 12 months, after reporting a massive loss in the 2015/16 financial year.
BHP reported a statutory
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Volumes, one-off costs cut Aurizon profit down 88%
Market pressures and a significant transformation costs drove Queensland-based operator Aurizon’s net profit after tax down 88% in the 2015/16 financial year, the company announced.
Aurizon on August
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PN parent Asciano slashes profits
Asciano, the ports-rail group that was the subject of fevered takeover bids, hasn’t done too well in this last financial year. Its results this year are written in a swathe of red ink.
Statutory revenues
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ARTC reports workers won’t strike after successful vote
The Australian Rail Track Corporation says unions will not take planned industrial action after workers approved an Enterprise Agreement offered to them last week.
The ARTC had been doing battle with unions
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State provides $100,000 for Ararat Freight Hub study
Victorian regional development minister Jaala Pulford has appointed a strategic consulting firm to look into the viability of creating a freight hub at Ararat, in the state’s south west.
Pulford
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Aurizon nets first Southern Coalfields contract
Queensland-based operator Aurizon has announced its first coal haulage contract in the Southern Coalfields of NSW, with plans to rail 800,000 tonnes per annum for Wollongong Coal’s Wongawilli Colliery
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ARTC staff vote yes to work agreement
Disruptions on the Austalian Rail Track Corporation network in New South Wales could be coming to an end, after workers approved a new Enterprise Agreement, despite union criticism.
The ARTC on Monday
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