Latest Transportation Sector News

Jade Gas Holdings has lodged its initial Plan for Development of Operations and secured approval for a substantial 502 km² production licence area, marking pivotal steps towards commercialising Mongolia’s first coal bed methane project.

AMA Group Limited (ASX: AMA) reversed losses with a statutory profit of AUD 7.7 million in FY26, driven by revenue growth and operational improvements across key segments. The company declared a fully franked dividend, its first since 2019, and outlined a positive outlook for FY27.

Heartland Group Holdings delivered a striking 140% jump in net profit for FY2026, underpinned by margin gains and asset quality improvements, while advancing a transformative merger with TSB to create a major New Zealand challenger bank.

DXN Limited has landed a $4.1 million contract to deliver a prefabricated Edge data centre at Melbourne Airport, alongside a $1.6 million contract variation with Globalstar, reinforcing its foothold in mission-critical infrastructure.

Jade Gas has completed a A$11 million placement, boosting its cash reserves beyond A$20 million to fund key development and strategic moves, including a proposed Hong Kong listing.

Pointerra Limited boosted its FY26 performance with a 33% rise in Q4 customer receipts and multi-year contracts from top utilities, underpinning improved cashflow and platform expansion.

Supply Network Limited has reported a strong preliminary FY2026 with $403.1 million in sales and a 44-cent fully franked final dividend, reflecting solid profit growth despite Middle East disruptions. The company is advancing major branch expansions and IT upgrades to fuel future growth.

Jade Gas has appointed Richy Xie as a strategic advisor to deepen its Asia-Pacific engagement while securing A$12 million in a premium-priced placement to accelerate its Mongolian gas project development.

MaxiPARTS has seen activity levels dip due to the Middle East conflict but expects to maintain profit margins through cost controls and a resilient Förch Australia segment.

Jade Gas Holdings has announced the immediate resignation of CEO Christopher Newport due to personal reasons, with the board affirming ongoing focus on its Mongolian coal bed methane projects and starting a search for a successor.

Pointerra Limited delivered a 214% jump in Q3 FY26 customer receipts to A$2.2 million, driven by milestone invoicing and new Tier 1 utility contracts, edging closer to operating cashflow breakeven.

Alexium International Group has boosted sales to $1.03 million following its Microtek Laboratories acquisition, shifting focus to manufacturing-led growth and expanding its flame-retardant and thermal regulation product lines.