Latest Transportation News

Janus Electric has inked a $5 million Memorandum of Understanding with EVUNI to distribute its electric drivetrain technology across Africa, marking a bold step in its international growth strategy.

Auckland International Airport has announced a NZD 0.082 dividend for the first half of fiscal 2025, accompanied by a Dividend Reinvestment Plan offering a 2.5% discount to shareholders.

Auckland International Airport reported a 12% revenue increase to NZD 1 billion and a 12% rise in underlying profit, driven by growing passenger numbers and strong commercial performance. The airport is progressing a major infrastructure program while achieving significant emissions reductions.

Aurizon Holdings reported a 3% decline in underlying EBITDA and a 14% drop in NPAT for FY2025, while unveiling a $150 million on-market buy-back and a $500 million subordinated notes issuance to strengthen its balance sheet.

Aurizon reported a slight decline in FY2025 underlying EBITDA to $1.576 billion but secured a landmark BHP contract and announced a fresh $150 million buy-back, signaling confidence in its future growth.

Aurizon Holdings Limited has announced a fully franked ordinary dividend of AUD 0.065 per share for the six months ending June 2025, payable in September.

Aurizon Holdings reported a modest 3% decline in FY2025 underlying EBITDA, weighed down by Bulk segment setbacks, while announcing a robust FY2026 earnings forecast and a $150 million share buy-back.

Air New Zealand has appointed Chief Digital Officer Nikhil Ravishankar as its new CEO, set to take the helm in October 2025, signaling a fresh leadership era focused on innovation and resilience.

Janus Electric has secured a three-year supply deal with Electrovaya to develop advanced lithium-ion battery packs, promising safer, longer-lasting, and lighter batteries for zero-emission heavy vehicles.

Aurizon updates its FY2025 EBITDA guidance to approximately $1.575 billion, reflecting volume and receivables adjustments, while announcing a strategic leadership restructure to unify Bulk and Containerised Freight operations.

Virgin Australia Holdings Limited is set to list on the ASX, raising $685 million through a mix of new and existing shares, showcasing its transformation journey and strategic partnership with Qatar Airways.

Kelsian’s US subsidiary Hotard Coaches has landed a major contract to provide workforce transportation for the Louisiana LNG development, marking a significant step in its industrial transport expansion.