Latest Logistics News

Silk Logistics Holdings and DP World Australia have agreed to push back the deadline for their acquisition deal, awaiting a key regulatory decision from the ACCC.

Wiseway Group Limited will seek retrospective shareholder approval for critical related party leases after ASX determines prior approvals were required. The company assures operations remain unaffected as it commissions an independent fairness report.

Silk Logistics Holdings has announced a court-ordered postponement of the Scheme Meeting for its acquisition by DP World Australia, delaying shareholder decisions and the acquisition timeline.

Silk Logistics has announced a postponement of its shareholder Scheme Meeting due to an extended review by the Australian Competition and Consumer Commission (ACCC) of DP World Australia’s proposed acquisition.

Wiseway Group has reported a striking 60% revenue increase to $148 million for the ten months ended April 2025, driven by strategic growth in inbound eCommerce and expanding international freight operations.

The Australian Competition and Consumer Commission has resumed its review of DP World Australia's proposed acquisition of Silk Logistics, setting a new decision deadline that extends beyond key transaction milestones.

Lindsay Australia has announced the acquisition of Tasmania’s leading refrigerated logistics provider, SRT Logistics, for $108.2 million, marking a strategic expansion into the Tasmanian and Trans Bass Strait markets. The deal is expected to boost Lindsay’s FY25 earnings per share by approximately 15%.

Wellard Limited has secured a final ATO Class Ruling confirming its 2 cents-per-share return of capital is not a dividend, clarifying tax treatment for shareholders following the sale of its MV Ocean Ute vessel.

Qube Holdings reconfirms at least 5% underlying earnings growth for FY25 despite recent weather disruptions, completes the MIRRAT acquisition, and updates on a significant ownership change in its Patrick joint venture.

Freightways Group Limited has announced an ordinary dividend of NZD 0.22352941 per share for the six months ending December 31, 2024, payable on April 1, 2025. The dividend is fully unfranked and reflects the company’s ongoing cash flow strength.

Freightways Group Limited reported solid HY25 results with a 6.7% revenue increase and 9.5% rise in net profit despite ongoing economic headwinds in New Zealand. The company’s strategic investments in automation and market share gains underpin its cautious optimism for FY25.