Global business Siemens is expanding its footprint in the rail infrastructure sector with the acquisition of Perth-headquartered MRX Technologies for an undisclosed sum.
Marine services business Bhagwan Marine is shifting its base of operations from Geraldton to Perth as part of cost-saving initiatives in light of continued tough conditions in the offshore oil and gas market.
CTI Logistics chairman David Watson has sold down his shareholding for the first time since he founded the business in 1972, with Forager Funds Management acquiring some of his shares and investing further funds to become a substantial shareholder.
Perth-based Automotive Holdings Group will incur a $35 million write-down hit from the closure of some of its underperforming businesses, in response to the weak market for car retailers combined with recent regulatory changes by the corporate watchdog.
Perth’s public transport users are slugged more per year than commuters in any other Australian capital except for Sydney, but Perth is the cheapest city to insure two family cars, according to new data.
Family-owned German shipbuilder Lürssen will be setting up shop in the Australian Marine Complex through a partnership with Civmec and government-owned ASC.
South Australian charter airline Rossair Charter Services is making a push into Western Australia, as it refines operations following the recent acquisition of Perth-based Ad Astral Aviation.
Logistics and car retailer Automotive Holdings Group has acquired two dealerships in Victoria for $8.5 million plus stock and assets, in the same precinct where it is building a new Jaguar and Land Rover dealership.
A taxi levy to buy back plates could be a major administrative headache for the sector and punish more efficient players, according to Ingogo chief executive Hamish Petrie.
Rail freight operator Aurizon has brought in former Woodside Petroleum senior manager Tina Thomas as executive vice-president of human resources, as the company undertakes a new organisational structure.
Air travel from Perth to Broome and Perth to Karratha fell dramatically in January compared to the same month in 2016, according to the latest data by the Bureau of Infrastructure, Transport and Regional Economics.
Henderson-based shipbuilder Austal says a modification to a previously awarded contract for littoral combat ships with the US Department of Defense is worth about $US36.6 million ($A47.8 million).
Kalgoorlie-based mining contractor Hampton Transport Services has won a contract for haulage work at Empire Resources’ Penny’s Find gold mine for an undisclosed sum.
Drivers will be able to turn left on red lights at 10 intersections across Perth under a trial announced by Liberal Transport Minister Bill Marmion if the party is re-elected next Saturday.
Marine services company MMA Offshore will sell its Dampier and Broome supply bases to Toll Group for about $53 million to pay off debt, as the company revealed a $323.7 million half-year loss on the back of a large impairment charge.