Latest Transport Services News

Javelin Minerals is pursuing an all-scrip takeover by FirstAU after its planned Eureka production partnership with MEGA Resources was terminated over regional processing constraints. The company reported a $2.69 million FY2026 loss, $3.92 million in cash and an auditor warning that further funding is required.

Javelin Minerals has cleared a major hurdle with final mining approval for its Eureka Gold Project near Kalgoorlie, positioning it for imminent production backed by a $25 million financing deal.

Lindsay Australia Limited reported a 31.5% rise in net profit after tax to A$22.9 million for FY26, driven by full-year SRT Logistics integration and organic growth. The company declared a fully franked 1.7 cent final dividend and secured a major Woolworths secondary freight contract in North Queensland.

DGL Group reported a 5.8% revenue decline to $225.2 million in H1 FY26, weighed down by audit qualifications, ERP rollout delays, and one-off impairments. Despite these headwinds, the company cut net debt by $16.4 million and advanced strategic site consolidations and new facility investments.

Kelsian Group’s UK arm has clinched a five-year Liverpool bus franchising contract worth $80 million, marking a strategic foothold in the UK’s evolving public transport sector.

Orcoda Limited has reported strong half-year FY26 results, showcasing significant growth in revenue, EBITDA, and recurring revenue as it advances its AI-powered transport ecosystem solutions.

Javelin Minerals has lodged its Mining Proposal for the Eureka Gold Project, setting the stage for mining to commence in mid-2026 and first cashflow by Q3. Fully funded and partnered with MEGA Resources, the project is on track to unlock value in Western Australia’s prolific goldfields.

Kelsian Group reported steady FY25 financial results with a 9.5% revenue increase and reaffirmed FY26 EBITDA guidance, while progressing the strategic divestment of its tourism assets to sharpen focus on core transport services.

JAYRIDE Group Limited has partnered with Xoomplay to integrate in-vehicle media and advertising into its SaaS platform, aiming to transform vehicles into dynamic media assets across Southeast Asia and Australasia.

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.

JAYRIDE Group Limited has confirmed Randy Prado as CEO and Ram Navaratnam as Finance Director, cementing leadership as it advances its SaaS mobility platform with pilots in Southeast Asia.

Jayride Group Limited revealed a 55.5% plunge in revenue to $2.42 million for the fiscal year ending June 2025, alongside a reduced net loss of $5.7 million, signaling some financial stabilization despite ongoing challenges.