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Aurizon Advances $50M Cost Cuts Amid Mixed Freight Volumes and Capital Review
4:34pm on Tuesday 6th of May, 2025 AEST
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Transportation
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Aurizon Advances $50M Cost Cuts Amid Mixed Freight Volumes and Capital Review
4:34pm on Tuesday 6th of May, 2025 AEST
Key Points
Coal volumes slightly up year-on-year, bulk volumes down due to refinery closure
Containerised freight volumes surge by 37% to 171,400 TEUs
$50 million annualised labour cost savings underway, with further efficiency reviews ongoing
Network Access Revenue under-recovery of ~$80 million expected, with regulatory recovery mechanisms in place
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