Yesterday
FedEx profit falls below expectations on drop in air and truck cargo
FedEx said that this year’s peak holiday volume was similar to last year’s and expects share buybacks of $US1 billion in the last two quarters.
- Thomas Black
This Month
One last ‘blowout’ at Christmas then hard times on way
The CEO of Linfox, the transport giant owned by Rich Lister Lindsay Fox, is bracing for a downturn in the economy in February and March.
- Simon Evans
November
No mercy: union doubles down on port strikes until end of month
Ports will face weeks of further disruption as wharfies extend stoppages and work bans against DP World, as the stevedore recovers from last week’s cyberattack.
- David Marin-Guzman
DP World hack strands 30,000 shipping containers
Tens of thousands of shipping containers stuffed with consumer goods were trapped at ports around the country after a cyberattack on stevedore DP World Australia.
- Jenny Wiggins, Nick Bonyhady, Ronald Mizen and Euan Black
Why goods meant for Sydney are ending up elsewhere
Ships loaded with goods are skipping ports where they might be hit by a long-running wharf dispute and dropping them off somewhere else.
- David Marin-Guzman
October
Getting to net-zero for heavy vehicles will be tough
While batteries may be best for passenger cars, heavy trucks will need hydrogen power to replace diesel and petrol.
- Tony Davis
Consumers to bear cost of minimum rates for truckies
Truck driver Robert Ireland turned to drugs and once stayed awake for 13 days to try to make a living. The industry has reached rare unity in support of new laws to set minimum conditions for drivers, though consumers may end up paying more.
- David Marin-Guzman
Labor accused of handing unprecedented power to transport union
The Minerals Council claims new laws aimed at improving safety in the road transport industry go well beyond what is suggested and could allow the TWU to influence conditions up and down supply chains.
- Ronald Mizen
September
‘Basically working for nothing’: Truckies crushed by fuel price surge
Veteran Sydney truck driver Frank Black says many operators are struggling to meet the costs of surging fuel prices.
- Tom Rabe
KKR-backed Zenobe primed for Australian big battery push
The UK-based energy storage player will also expand its electric bus fleet here after raising $1.7 billion from investors.
- Angela Macdonald-Smith
Minister gets broad powers to set conditions in truckie supply chain
The Albanese government will resurrect a federal system to set minimum pay for owner-drivers, claiming its opponents now support it.
- Updated
- David Marin-Guzman
August
Smart cities play Clara checks out trucker Sutherlands Transport
Family-owned trucking business Sutherlands Transport has landed on the radar of ambitious infrastructure player Clara.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June
Andrew Forrest pivots on hydrogen trucks
Fortescue is the world’s biggest hydrogen bull, but the company now reckons batteries are the immediate low carbon solution for big mining trucks.
- Updated
- Peter Ker
May
Rivet founder Mark Rowsthorn left with empty pockets after collapse
Rowsthorn, who poured more than $30 million into the logistics group, is likely to have had his investments wiped out.
- Jenny Wiggins
Volvo Group throws its weight behind big electric trucks in Australia
The Swedish vehicle manufacturer wants heavier trucks on Australian roads, arguing that it cannot make and sell big electric trucks unless local regulators change the rules.
- Jenny Wiggins
April
Anchorage Capital claims $43m from Scott’s
The private equity firm has made financial claims following the logistics group’s collapse but does not expect to get any money back.
- Jenny Wiggins
Bis contract loss a sign of serious trouble in trucking
The company’s exit from the NSW coalfields comes amid a shortage of drivers and surging fuel costs, creating significant uncertainty in the industry.
- Peter Ker and Elouise Fowler
Trucking group Scott’s was losing money since July 2020
Staff from the frozen foods long hauler were told it would take 16 weeks for the federal government scheme to pay them wages owed.
- Carrie LaFrenz
Cashed-up miner buys trucking business
Whitehaven Coal’s riches are being put to work on the acquisition of a haulage contractor.
- Peter Ker
March
Scott’s may have traded insolvent for months, administrators warn
The company’s secured creditors are expected to be repaid in full from the sale of assets while others are unlikely to see any of the $34 million owed returned.
- Carrie LaFrenz
