The benchmark S&P/ASX 200 has closed down 2.3 per cent at 4980.1, its biggest fall in nine months. More than $36 billion was wiped from the value of Australian shares in the market's largest one-day decline since May 18, pulling back from ...
Tags: Stocks, benchmark, Australian shares
Qantas CEO Alan Joyce. Photo courtesy of the ABC. The Qantas Group has announced statutory profit after tax of $111 million and underlying profit before tax of $223 million for the six months ended 31 December 2012. This includes $125 ...
Tags: Qantas, statutory profit, underlying profit, company news
Tracie Dickenson receiving her QTA Trucking Industry Woman of the Year Award in 2012. The Queensland Trucking Association Ltd (QTA Ltd) will celebrate International Women’s Day with a ‘Women in Road Transport’ breakfast ...
Tags: QTA Trucking Industry Woman of the Year Award, Road Freight Industry
China’s National Development and Reform Commission (NDRC) has announced that as of February 20 railway freight charges in China have increased by RMB 0.015/mt/km ($0.0024/mt/km) to RMB 0.1301/mt/km ($0.0207/mt/km), rising by 13 ...
The latest freight rate indications as issued by Banchero Costa are as follows: Products: - 15,000-20,000 mt from the Black Sea approx. $15-16/mt FIO to Mediterranean ports of Turkey and Egypt approx. $16.5-17.5/mt FIO to Italy ...
Tags: Raw materials, Raw materials price, Freight Rate Indications
Electoral candidates in western Sydney and Newcastle face some stark policy choices about transport infrastructure that will have profound economic and social implications well into next century. Unusual in federal politics, the opportunity ...
Tags: Western Sydney, Newcastle, Rail Freight
Asia's polymer market has shrugged off China's new preferential import duties for polyethylene from some countries, as the minimum price for the tax reduction to kick in is seen as too high and trade flows from these nations are almost ...
Tags: Asia, polymer market, polyethylene
The AWEX Regional Indicators finished 0.5% lower, on average, at sales in Sydney, Melbourne, and Fremantle this week when the US exchange rate rose by 0.3%. It was a mixed sale this week with a good start on Tuesday, an easing on ...
Tags: Aussie Wool, Prices, US exchange rate
Data from the United States Department of Commerce and the National Retail Federation (NRF) today showed that January retail sales were up compared to December as well as on an annual basis. Commerce reported that January retail sales at ...
Tags: United States Department of Commerce, NRF, January retail sales
Music Group, the corporate parent of pro audio brand Behringer has announced the immediate appointment of Indiana-based Starin as their exclusive fulfiller for all US States and protectorates. Starin had previously represented Behringer in ...
Tags: Music Group, Behringer, Starin, US Distribution
US frozen-food firm Overhill Farms has seen its first-quarter profits slide after a shift in product mix, less favourable commodity prices and increased costs weighed on margins. Alongside the results, Overhill revealed it was in talks ...
Tags: frozen-food firm, Overhill Farms, profits
BTI is expanding its free shipping incentive with a new freight program for 2012. The company's goal is to reduce dealer costs and get shipments to more dealers in two days or less. The distributor is "subsidizing" UPS shipping costs by ...
Tags: BTI, free shipping, freight program
QBP has expanded its inventory in its Pennsylvania and Utah warehouses in an effort to reduce split orders and lower freight costs and delivery time. “Our customers asked for more locally available product, and we quickly responded ...
Tags: QBP, Warehouses, company news
Owners and developers looking to build or upgrade self-storage facilities are deluged with details, decisions, permits and many other concerns. To be successful they are rethinking their operation and overall facility design, and looking ...
Tags: self-storage facilities, facility design, competitive edge
Integro, an insurance brokerage and risk management company, has completed acquisition of the assets of iTrade, a bonds and logistics brokerage division of Navigators Management Company. Financial terms of the transaction remained ...
Tags: Integro, insurance brokerage, risk management, iTrade