DP World Australia’s $174.5M Silk Logistics Acquisition Faces Watchdog Review
The Australian Competition and Consumer Commission (ACCC) has initiated a review of DP World Australia’s proposed $174.5 million acquisition of Silk Logistics. This move follows the announcement of the deal on November 11, 2024, where DP World Australia outlined plans to acquire Silk Logistics through a scheme of arrangement. Silk’s …
Read MoreHawk Logistics Acquires Farragher Logistics
Hawk Logistics has acquired 91 Year Old Farragher Logistics. This will expand Hawk’s capacities to over 800 pieces of equipment. Founded in 2014 by Amrit Paul and Harmanpreet Singh with just one truck, Hawk Logistics has grown rapidly over the past decade. The company now employs over 500 people and …
Read MoreSilk Logistics Welcomes Harvest Lane as a Substantial Shareholder
Silk Logistics has revealed that Harvest Lane Asset Management Pty Ltd is now a substantial shareholder after acquiring nearly two million shares. With a 6.08% voting power, this move comes amidst Silk’s upcoming acquisition by DP World Australia. The acquisition, announced in early November, is slated for completion in early …
Read MoreTop 10 Christmas Gift Ideas for Truck Drivers
Christmas in Australia means hot days, long-haul drives, and peak delivery season for the trucking industry. Whether you’re looking for a practical tool or something a little special for your favourite truckie, we’ve rounded up some fantastic gift ideas that’ll make any driver’s holiday season brighter. From the essential load-securing …
Read MoreTegral’s Pallet Armour: An Industry Innovation
A Solution for Safer, Damage-Free Transport At Tegral, we’re committed to addressing our clients’ most pressing transport challenges. Recently, one of our clients approached us with a problem that many in the industry may find familiar: bulker bags were chafing and even bursting open on long-haul routes due to friction …
Read MoreFlat Webbing Slings vs. Round Slings: Which Lifting Sling Is Right for Your Heavy Loads?
When it comes to heavy lifting, choosing the right lifting sling is crucial for both safety and efficiency. Two of the most popular choices are flat webbing slings and round slings, each offering unique features suited to different lifting needs. So, which is best for your heavy loads? Let’s explore …
Read MoreNew Alliance Set to Revolutionise Freight with Somerton Terminal
The Intermodal Terminal Company (ITC) and Southern Shorthaul Railroad (SSR) have officially partnered to bring efficient haulage services to the upcoming Somerton Intermodal Terminal, set to open in Melbourne’s north by late 2025. This $400 million facility, located 22.5 kilometres from the Port of Melbourne, is designed to reshape freight …
Read MoreColes and Linfox Make History with Australia’s First Electric Prime Mover
In a significant move towards sustainable transport, Coles has teamed up with Linfox to introduce Australia’s first electric prime mover, the Volvo FH, into its delivery fleet. This electric powerhouse will cover up to 25 deliveries weekly across Victoria, cutting around 25,000 litres of fuel usage annually. The Volvo FH, …
Read MoreHow Long is an Australian Road Train?
The length of Australian road trains can vary, but according to the NHVR, the typical length of a road train is 53.5 metres. According to the NHVR, if the vehicle is 22-30m it is classified as a long vehicle. If it is over 30m long, then it is classified as …
Read MoreWA’s Largest Road Project to Open in Time for Christmas
Western Australia’s largest road project, the Wilman Wadandi Highway, is scheduled to open to the public on December 16, offering a much-anticipated relief to drivers in the South West. Known formerly as the Bunbury Outer Ring Road, this 27-kilometre, four-lane stretch promises to cut daily commute times by around 20 …
Read MoreMerlino Development Acquires Former DHL Facility for Major Industrial Revamp
A former DHL facility in Pennington, Adelaide, has been sold in a significant off-market transaction valued at $25.5 million. The 21,000 sqm site was acquired by Merlino Development Group and will undergo an extensive refurbishment to transform it into a modern industrial and logistics estate. This development is expected to …
Read More4 Tips for Truck Fleets to Increase their Profit Margin
Addressing Driver Shortages For truck fleets to increase their profit margin, they need to avoid high turnover. To mitigate the risk of even more drivers leaving, invest in driver retention. Offer competitive compensation, benefits, and flexible work arrangements to retain drivers. Consider establishing training and development programs to attract new …
Read MoreWhere is Australian Trucking Going?
Australian Trucking Industry Report 2024 The Australian trucking industry is facing a wide range of challenges, from rising fuel costs to driver shortages. Our latest report provides a clear breakdown of the current landscape and strategies to navigate these issues. Key Highlights: Looking Forward: The report also discusses future trends, …
Read MoreMajor Safety Improvements Begin on New England Highway in Kentucky, NSW
NSW, as part of the Towards Zero Safer Roads Program. The project focuses on enhancing a 3.8km stretch of the highway, located about 65km north of Tamworth, which accommodates around 3800 vehicles daily, including 850 heavy vehicles. Key improvements include widening the road shoulders, upgrading drainage systems, and heavy pavement …
Read MoreVictoria’s New High-Tech Fulfilment Centre Transforms Coles Online Deliveries
Coles has officially opened its first automated Customer Fulfilment Centre (CFC) in Truganina, Victoria, signalling a major leap in its online grocery services. Located just 20km west of Melbourne’s CBD, the new facility is part of a $400 million partnership with Ocado Group, aimed at modernising Coles’ supply chain with …
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