Latest Logistics News

Macquarie Asset Management has tabled a $5.20 per share cash offer to acquire Qube Holdings, valuing the logistics giant at approximately $11.6 billion. The Qube board has entered an exclusivity agreement and signals unanimous support, pending due diligence and regulatory approvals.

MOVE Logistics Group reports a significant reduction in losses and improved margins in the first quarter of FY26, even as revenue declines amid economic headwinds.

Wellard Limited has received a final Australian Taxation Office ruling confirming its recent 15 cents-per-share return of capital is not taxable as a dividend, clarifying the tax implications for shareholders following the sale of its last revenue-generating asset.

Wellard Limited has formally requested to delist from the ASX following the sale of its final revenue-generating vessel, aiming to reduce costs and return excess cash to shareholders. The move awaits shareholder approval at the upcoming AGM.

Boom Logistics has announced the continuation of its on-market share buy-back program, aiming to repurchase up to 10% of its shares over the next year as part of its capital management strategy.

K&S Corporation has lost its decades-long transport service contracts with InfraBuild following a competitive tender, with the transition expected before the end of FY2026. The financial impact remains unclear as the company prepares for operational changes.

CTI Logistics has updated its 2025 final dividend details, confirming a fully franked payout and share pricing for its Dividend Reinvestment and Bonus Share Plans.

Boom Logistics has confirmed the resignation of former CEO Ben Pieyre following investigations into his unauthorised use of company funds, with losses estimated under $1 million and ongoing inquiries underway.

CTI Logistics reported modest revenue growth and a strong EBITDA increase in FY25, underpinned by a significant property valuation uplift and strategic capital investments. The company is poised for sustainable growth amid a consolidating freight market.

CTI Logistics Limited has announced a fully franked ordinary dividend of AUD 0.055 per share for the half-year ending June 2025, offering shareholders reinvestment and bonus security plans with attractive discounts.

CTI Logistics reported a modest revenue increase for FY2025 but faced a notable drop in net profit, maintaining steady dividends despite earnings pressure.

Wiseway Group has reported a striking 66% increase in revenue for FY25, driven by robust expansion in its Imports and Overseas divisions alongside a nearly sevenfold rise in net profit before tax.