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Transport & Logistics

Bis secures three-year haulage contract

Logistics company Bis, which traditionally operates in the resources sector, has been awarded a three-year contract by Water Corporation to provide on-road haulage services in and around Perth.

Transit Systems wins $144m pa bus contracts

SeaLink Travel Group’s $700 million takeover target, Transit Systems, has renewed two transport contracts in Western Australia worth around $57 million per year, as well as securing a new contract.

State govt awards over $11m of contracts

WA Profiling & Stabilisation, Aurecon, and Adtech FRP are the latest major winners of state government contracts, worth about $11.2 million.

Jandakot upgrades in flight

The state government has announced a runway extension at Jandakot Airport to support the Royal Flying Doctor Service and turned the first sod for a new medical laboratory in Jandakot Business Park.

Sealink to acquire Transit for up to $700m

A privately-owned international bus operator that commenced operations in Perth in 1995 has struck a friendly merger agreement with SeaLink Travel Group, which operates the Rottnest and Swan River ferry services.

$40k penalties after WA pilots underpaid

The operators of a scenic and commercial helicopter flights business in regional Western Australia have been fined $40,260 after it was found guilty of underpaying two pilots.

Port Hedland port increases shipping capacity by 6.9%

Potential shipping capacity at Port Hedland has been increased by 40 million tonnes per annum to 617mtpa, according to the state government.

Joyce worth every penny

OPINION: The recovery of Qantas highlights why government intervention is not necessary and good leadership should be rewarded.

GR’s Northern Oil woes remain unresolved

GR Engineering Services has been suspended from the ASX as the company continues to seek clarity after two major subsidiaries of its client Northern Oil & Gas Australia went into administration on Friday.

Northern Oil & Gas in administration

KPMG has been appointed as administrator to two subisdiaries of West Perth-based Northern Oil & Gas Australia, with contractor GR Engineering Services going into a trading halt as result of the action.

$110m marine base for Broome

A private WA company has gained state government approval to develop a floating wharf and onshore terminal at the port of Broome, targeting oil and gas services and cruise ships as its main customers.

RAC quadruples profit

The Royal Automobile Club has posted strong full-year revenue and profit figures, but the not for profit also wrote-down the value of two of its business ventures.

Gebro into administration

Small indigenous business Gebro Contracting, which has worked with Main Roads and Georgiou Group, has entered administration.

Austal reaches record profit, targets FY20 growth

Investors have welcomed Austal’s announced that it lifted full-year profit 64 per cent to a record $61.4 million, underpinned by strong revenue from its US Navy programs.

Wellard FY loss widens on poor second half

Wellard's full-year loss has widened by 33 per cent to $48.4 million after the cattle exporter was hit by Turkey's halt on live feeder imports and large impairments.

Tim Roberts claims $54m, wins $800,000

Rich-lister Tim Roberts has achieved a pyrrhic victory against law firm Clayton Utz, after his aircraft leasing business claimed $US37 million ($A54 million) because of negligent advice.

K&S offloads WA assets

Perth-based logistics and transport company Centurion has signed a binding agreement to purchase K&S Corporation's Regal General Freight arm, which is part of its broader Regal Transport business.

AHG slumps to $233m loss

Automotive Holdings Group has suffered a loss of $232.6 million for the 2019 financial year, following major asset write-downs to its automotive and refrigerated logistics businesses during the period.

Proponents shortlisted for $146m Metronet project

The state government has shortlisted two proponents to design and build the new Bayswater station, with early construction to commence later in the year.

Cobham aiming for growth

Cobham Aviation Services said there was keen interest from potential buyers of the company, as it took delivery of its newest aircraft in Western Australia.

AHG to make further write-downs

Takeover target Automotive Holdings Group will pursue the sale of its refrigerated logistics business after a strategic review found it had overstated revenue in the underperforming unit.

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