Latest Transportation And Logistics News

Sarytogan Graphite Limited reports robust drilling results and key contract awards, progressing its flagship graphite project while advancing copper exploration and securing critical funding.

Stonepeak-Plus Infra Debt Limited has launched an offer for up to $300 million in unsecured, deferrable, floating rate notes, targeting infrastructure debt investments. The notes, to be listed on the ASX as SPPHA, aim to deliver monthly income linked to BBSW plus a margin, with a seven-year maturity.

K&S Corporation has issued a cautious earnings update, forecasting a significant decline in underlying profit before tax for the first half of 2025 compared to last year.

Canyon Resources has raised A$215 million through a strategic equity package to fast-track its Minim Martap bauxite project and deepen its investment in Camrail, with key backing from Cameroon's largest financial services group.

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.

K&S Corporation reported a 9% decline in underlying profit before tax for FY2025, alongside a 9.7% drop in revenue, as it invests heavily in property and terminal upgrades while navigating safety regulatory pressures.

Qube Holdings Limited reported robust FY25 underlying revenue growth of 27%, driven by strong performances in its Logistics & Infrastructure and Ports & Bulk divisions, while declaring a 71% increase in full-year dividends. Despite challenges including industrial action and weather disruptions, Qube expects continued earnings growth in FY26 supported by strategic acquisitions and operational resilience.

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.

MOVE Logistics Group has achieved its FY25 financial targets, showcasing significant improvements in earnings and operational efficiency despite a tough economic backdrop in New Zealand.

The ACCC has approved DP World Australia’s acquisition of Silk Logistics, concluding it won’t significantly harm competition in container stevedoring and logistics services. The decision follows a thorough investigation into potential market impacts.

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%.

Lion Energy is making significant strides in its Port of Brisbane green hydrogen project with EPC contract negotiations underway, while gearing up for a key drilling campaign at its East Seram oil prospect in 2025.