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Coles to raise $400m from property JV

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Coles has entered into a joint venture with ISPT, an Australian property fund manager, which will acquire a 75 per cent interest in an initial portfolio of 19 Coles-owned shopping centres. The initial portfolio is valued at approximately $532 million, and the transaction will deliver Coles’ owner Wesfarmers approximately $400 million. ISPT is one of [...]

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Supply chains will need to become more efficient and agile to minimise costs and maximise opportunities as the online retailing wave rolls on, according to Cameron Poolman, CEO of online retail and auction company GraysOnline. Mr Poolman will deliver one of the keynote presentations at Australia’s leading supply chain and logistics event, Smart 2013, sharing [...]

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Australians are demonstrating a less cautious approach to spending money, with more consumers planning to use their credit cards this quarter, while savings will be less of a focus. The Dun and Bradstreet Consumer Credit Expectations Survey of Q2 2013 shows that savings are set to decline as consumers look towards credit spending. Shrugging off [...]

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The Australian Competition and Consumer Commission has issued a decision allowing the Australian Rail Track Corporation (ARTC) to include the Southern Sydney Freight Line in its Interstate Access Undertaking. This means that negotiations between ARTC and parties wanting to run trains on the Southern Sydney Freight Line will be supported by the processes and principles [...]

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The LAA has opened nominations for the 2013 Leadership in Logistics Awards. There are seven LAA Leadership in Logistics Awards, of which six are named in honour of LAA life members Keith Campbell OAM, Malcolm Priestley, Larry Smith, Robert Lamb, Malcolm Walker and Kim Rothwell, and one additional LAA President’s award for outstanding services to [...]

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It all adds up!

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Spec 4 Distribution Drive, Truganina. This “A” grade distribution centre is located on Distribution Drive, a well-known and established thoroughfare in the heart of the Dexus Industrial Estate Laverton North.

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Industrial Solutions Victoria – A selection of quality industrial properties for sale or lease, land estates and pre commitment opportunities across Metropolitan Melbourne. If you require a new or existing industrial property to meet your transport and logistics or warehousing requirements, click on the link below to view our publication. Website: www.colliers.com.au/industrialsolutions For more information, [...]

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Ultra large container vessels (ULCV) are making large ships available for smaller trade routes.

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Coca Cola stops recycling in NT

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Coca Cola has ended its involvement with the Northern Territory cash for containers scheme, following its recent, possibly temporary, court victory. The Boomerang Alliance of 26 environment groups have urged the NT government not to be bullied by Coca Cola and stick with the popular scheme. “Despite requests from the NT government for beverage producers [...]

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Tony Abbott’s pledge to improving road safety should be welcomed, but as the rail industry well knows, measures that get trucks off the roads will always be best option for improving road safety. It is only when the Coalition makes a commitment to getting significant volumes of freight off the roads and onto rail can [...]

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