I46 Road Transport

Linfox driven to be first adopter of electric truck technology

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Original article by Jenny Wiggins
The Australian Financial Review – Page: 15 : 30-Jan-18

Linfox chairman Peter Fox says the trucking company is keen to investigate the use of electric trucks, particularly for its Armaguard business. Tesla has revealed plans for an electric truck that could run at maximum weight for 500 miles before needing to be recharged. Fox says there would need to be a lot more charging stations available before Linfox could consider using electric trucks, while he does not think that governments should subsidise the use of electric vehicles.

CORPORATES
LINFOX PTY LTD, TESLA INCORPORATED, AUSTRALIAN BUREAU OF STATISTICS, TOLL HOLDINGS LIMITED, AUSTRALIA. DEPT OF INFRASTRUCTURE AND REGIONAL DEVELOPMENT, AUSTRALIAN TRUCKING ASSOCIATION LIMITED, AUSTRALIAN LOGISTICS COUNCIL

Commuter says yes: Australia’s CBD workers spot ads on motorways, public transport and office screens

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 10-Mar-15

A Roy Morgan Single Source survey, which was carried out in the year to September 2014, has found that around 70 per cent of Australians aged 14+ who work in the Sydney, Melbourne or Brisbane CBD have noticed public transport advertising in the last seven days. This includes ads inside or on the side of buses, trains, ferries and trams, at train stations, on platforms and in shelters. Meanwhile, around 65 per cent of CBD workers in Adelaide and 60 per cent in Perth reported seeing public transport ads in the past week

CORPORATES
ROY MORGAN RESEARCH LIMITED

Speed demons or show offs? Australia’s sports car drivers

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 11-Mar-15

A Roy Morgan Single Source survey has found that just 326,000 Australian motorists own a sports car, coupe or two-door convertible. The survey, which was carried out in the year to December 2014, also shows that Mitsubishi is the most popular brand among sports car owners, accounting for 11.1 of these motorists. This is followed by Toyota (10.8 per cent) and BMW (8.4 per cent)

CORPORATES
ROY MORGAN RESEARCH LIMITED, MITSUBISHI MOTORS AUSTRALIA LIMITED, TOYOTA MOTOR CORPORATION AUSTRALIA LIMITED, BMW AUSTRALIA LIMITED, NISSAN MOTOR COMPANY (AUSTRALIA) PTY LTD, MAZDA AUSTRALIA PTY LTD

Toll rivals say JP sale poses sovereign risk

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Original article by Jenny Wiggins
The Australian Financial Review – Page: 13 & 18 : 23-Feb-15

One Global Logistics MD James Sparke has warned of potential sovereign risk issues associated with government-owned Japan Post’s takeover bid for Toll Holdings. Meanwhile, Toll CEO Brian Kruger does not expect any of the group’s customers to enforce the "change of control" provisions of their contracts if the $A6.5bn takeover bid proceeds. The deal requires approval from the Foreign Investment Review Board

CORPORATES
TOLL HOLDINGS LIMITED – ASX TOL, JAPAN POST, ONE GLOBAL LOGISTICS PTY LTD, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, AUSTRALIAN DEFENCE FORCE, UNITED STATES NAVY, CHEVRON CORPORATION, ORICA LIMITED – ASX ORI, BARRICK GOLD CORPORATION, WOOLWORTHS LIMITED – ASX WOW, NIKE INCORPORATED, OFFICE DEPOT INCORPORATED, FISHER AND PAYKEL APPLIANCES HOLDINGS LIMITED, AUSTRALIA. DEPT OF THE TREASURY, ARCHER DANIELS MIDLAND COMPANY, GRAINCORP LIMITED – ASX GNC, HUAWEI TECHNOLOGIES COMPANY LIMITED, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA POST, STAR TRACK EXPRESS PTY LTD, LINCOLN INDICATORS PTY LTD

Japan Post pays up big for Toll

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Original article by Jenny Wiggins, Sarah Thompson
The Australian Financial Review – Page: 1 & 14 : 19-Feb-15

Directors of Australian-listed logistics group Toll Holdings and analysts have backed a takeover bid by Japan Post. The offer of $A9.04 per share values the deal at $A6.5bn, and data from Dealogic shows that it will be Japan’s biggest investment in Australia. Japan Post will be the world’s fifth-largest logistics group if the deal proceeds. Toll shares closed 47 per cent higher at $A8.95 on 18 February 2015. Toll expects the deal to be approved by regulators

CORPORATES
TOLL HOLDINGS LIMITED – ASX TOL, JAPAN POST, DEALOGIC (AUSTRALIA) PTY LTD, CIMB SECURITIES INTERNATIONAL (AUSTRALIA) PTY LTD, DEUTSCHE POST AG, UNITED STATES POSTAL SERVICE, UNITED PARCEL SERVICE INCORPORATED, FEDERAL EXPRESS CORPORATION, DB SCHENKER AG, LA POSTE, KUEHNE & NAGEL INTERNATIONAL AG, JAPAN OIL GAS AND METALS NATIONAL CORPORATION, CHEVRON CORPORATION, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD

Ditching car and catching train could save thousands

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Original article by Declan Gooch
The Sydney Morning Herald – Page: 3 : 20-Jan-15

A report by the Australasian Railways Association highlights Sydney residents’ annual cost savings by commuting via public transport. The report shows that driving a small car from Sutherland to the CBD each day would incur annual running costs of about $A8,000. However, a person without a car who only uses public transport would have travel costs of just $A1,730 each year

CORPORATES
AUSTRALASIAN RAILWAY ASSOCIATION INCORPORATED, UNIVERSITY OF SYDNEY, NRMA LIMITED

Legal loopholes exposed as cyclist runs down pedestrian at crossing

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Original article by Eryk Bagshaw
The Sydney Morning Herald – Page: 8 : 12-Jan-15

There is no legal requirement in New South Wales (NSW) for cyclists to hold compulsory third party insurance. This has become an issue in a number of cases where these road users have collided with pedestrians, and the latter were then unable to claim for compensation after suffering serious injuries despite the other party having been at fault and charged with negligent driving. The NSW Motor Accidents Authority in 2013 advised Roads & Maritime Services against a proposed scheme under which an insurance levy would apply at the point of sale of new bicycles

CORPORATES
NEW SOUTH WALES. MOTOR ACCIDENTS AUTHORITY, NEW SOUTH WALES. ROADS AND MARITIME SERVICES, NEW SOUTH WALES. MINISTRY OF TRANSPORT, CITY OF SYDNEY, LEICHHARDT COUNCIL, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, PEDESTRIAN COUNCIL OF AUSTRALIA, BICYCLE NEW SOUTH WALES INCORPORATED

Boss faces insolvent trading probe after transport company collapse

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Original article by Nick Toscano
The Age – Page: 8 : 8-Dec-14

BRI Ferrier has been appointed the liquidator of collapsed freight and warehousing company Gregorys Transport. Its outstanding liabilities are estimated at $A10m, and it has failed to pay the superannuation contributions of 85 staff for a year. Owner Greg Westaway, also an ex-president of the St Kilda club in the Australian Football League, may be charged with trading while insolvent. Among the clients of Gregorys were Coca-Cola Amatil, Schweppes and Bluescope Steel

CORPORATES
GREGORYS TRANSPORT PTY LTD, BRI FERRIER PTY LTD, ST KILDA FOOTBALL CLUB, AUSTRALIAN FOOTBALL LEAGUE, COCA-COLA AMATIL LIMITED – ASX CCL, SCHWEPPES AUSTRALIA PTY LTD, ASAHI BREWERIES LIMITED, BLUESCOPE STEEL LIMITED – ASX BSL, FERRIER HODGSON AND COMPANY

Cabcharge lashes ‘illegal’ Uber

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Original article by Andrew Main
The Australian – Page: 22 : 27-Nov-14

Stockholders at the 26 November 2014 AGM of taxi fare payment services group Cabcharge rejected the remuneration report with a "no" vote of 57%. However the option to dismiss the entire board of directors, as this was the fourth year in succession for more than 25% to be opposed, was only backed by 2.1%. Meanwhile chair Russell Balding used his address to strongly criticise the Uber smartphone app business, especially its UberX service. He argued the arrangement under which private vehicle owners car share in exchange for payment was illegal

CORPORATES
CABCHARGE AUSTRALIA LIMITED – ASX CAB, UBER TECHNOLOGIES INCORPORATED, SYDNEY AIRPORT – ASX SYD, AUSTRALIAN BROADCASTING CORPORATION, LAZARD PTY LTD, ABERDEEN ASSET MANAGEMENT LIMITED, TRANSPORT FOR NSW

Brakes put on ‘illegal’ UberX ride-sharing

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Original article by Ben Butler
The Australian – Page: 20 : 4-Nov-14

The Victorian Taxi Services Commission has issued a stop order to mobile telephone-based car bookings group Uber, applying to its UberX service rather than the more expensive Uber Black. The former variant allows members of the general public to offer vehicles as chauffeured cars, without being licensed. Uber so far appears to be ignoring the cease-and-­desist letter written by the watchdog on 23 October 2014. Court action may follow, and would mean fines for the drivers of up to $A7,500 instead of just $A1,700

CORPORATES
UBER TECHNOLOGIES INCORPORATED, VICTORIA. TAXI SERVICES COMMISSION, VICTORIAN TAXI ASSOCIATION, MELBOURNE MAGISTRATES’ COURT, VICTORIA POLICE