Latest Transportation And Logistics 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.

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.

Vmoto reports a 33% decline in FY24 unit sales but maintains operational cash flow positivity and secures new joint ventures in Thailand and Mexico to bolster its electric mobility footprint.