Air cargo must improve

The International Air Transport Association (IATA) called on the air cargo supply chain to coordinate efforts to drive an industry agenda for change that will improve customer service and competitiveness.
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Asciano shares in freefall

Australia's biggest port and rail operator Asciano Group Ltd said it cannot explain the recent fall in its stock price of almost 20 per cent, and is still expecting earning for this financial year.
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Shipping rates to increase

Global shipping company Maersk Line will implement a rate restoration from October this year on its services from Europe to Australia and New Zealand, in an attempt to ensure long-term development of the route.
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Wesfarmers snaps up six

Sydney-based private equity group Gresham Partners, controlled by Wesfarmers, is spending about $200 million on six family-owned transport and logistics businesses around the country, which it will consolidate into a larger outfit to be called Silk Logist
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