Latest Transportation Sector News

Monadelphous Group Limited has landed over $110 million in new contracts spanning construction and maintenance across major Australian resource and infrastructure projects.

Orcoda Limited has locked in six new multi-year SaaS contracts with Australian community transport providers following a successful government-backed trial, pushing its annual recurring revenue to approximately $5 million.

Jayride Group launches a new B2B SaaS platform aimed at transforming ground transportation with integrated payments, fleet management, and AI tools, promising higher margins and scalable growth.

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.

Kelsian’s Hotard Coaches has won a $59 million contract to provide workforce transportation for the Venture Global LNG CP2 project in Louisiana, marking a significant expansion in its US operations.

dorsaVi has secured a three-year agreement with SANO Health to deploy its ViSafe+ wearable sensor technology across remote mining sites, reinforcing its foothold in high-risk occupational health sectors.

DXN Limited has landed a significant A$2 million contract to supply two custom modular data centres to DP World’s Port Botany operations, marking its first engagement with the global logistics giant.

EROAD Limited reported solid financial results for FY25, with revenue up 6.8% to NZ$194.4 million and a substantial improvement in free cash flow to NZ$16 million. The company’s strategic focus on enterprise fleet growth and innovation underpins a confident FY26 guidance.

Ventia Services Group Limited delivered strong financial results for 2024, highlighted by a 12.8% rise in NPATA and a record 92% contract renewal rate, while reaffirming growth guidance despite ongoing ACCC proceedings.

Kelsian’s Tower Transit Singapore has won two-year extensions for its Bulim and Sembawang-Yishun bus service contracts, reinforcing its foothold in Singapore’s public transport sector.

Janus Electric Holdings has completed its acquisition of Janus Electric Limited, issuing 50 million shares to finalize the deal and setting the stage for its anticipated ASX reinstatement on May 21.

Kelsian Group signals a cautious FY25 outlook with EBITDA tracking at the lower end of guidance, while advancing strategic tourism divestments and securing key contract renewals.