According to Colliers, a private investor – represented by the agent Tas Costi of Costi Cohen – has bought an industrial warehouse and office space in Sydney’s Banksmeadow for $8.8 million.
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The Victorian Transport Association (VTA) says commercial freight operators are not getting any relief from the federal government’s 22.1 cent fuel excise.
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FedEx says its subsidiary has enhanced its break-bulk shipment service by shortening transit times from two-to-four days to one-to-three days for shipments from the APAC region to six destinations.
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CBRE says it won the Commercial Agency of the Year title at the Real Estate Institute of Australia’s (REIA) 2022 National Awards for Excellence in Melbourne on Thursday April 7.
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Woolworths Group says it unveiled its new state-of-the-art DC on Monday April 4 in Heathwood, which it says is the same size as three Suncorp Stadium playing fields.
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Drive Yello says it has appointed Asheesh Chacko as co-CEO as it forecasts another year of exponential growth following a 100 per cent increase in revenue and deliveries during 2021.
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The Australian Logistics Council (ALC) says it will hold its 2022 national forum in Sydney May 25 at the Sheraton Grand where it will focus on freight and supply chain.
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Australia Post says in its 2022 Inside Australian Online Shopping Report more than four in five Australian households shopped online during 2021 and spent $62.3 billion on physical items.
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