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TRUCKING INDUSTRY * Australia
* NTC proposes incentives for vehicle safety accreditation
Melbourne,Australia -ATN -16 November 2007 : -- The National Transport Commission (NTC) has proposed the establishment of a national panel to oversee the development of a new single accreditation framework for heavy vehicle safety – as well as financial incentives for operators to join such programs... Operators accredited in TruckSafe, an industry ‘best practice’ accreditation scheme pioneered by the Australian Trucking Association (ATA), have 87 percent fewer crashes than non-accredited operators. Crash rates for government-accredited operators are also 71 percent lower. Yet, only 3 percent of heavy vehicle operators are currently accredited... Accreditation schemes use regular audits to demonstrate safe business practices, which reduces governments’ reliance on traditional roadside enforcement... Regulatory concessions, such as higher axle weights for better load management, are currently only available through the government-administered National Heavy Vehicle Accreditation Scheme (NHVAS)...
* Lindsay Aus has posted a significantly higher after-tax profit
Rates, congestion, capacity constraints hold back LindsayBrisbane,Qld,Australia -ATN -19 November 2007: -- Line-haul transporter Lindsay Australia has posted a significantly higher after-tax profit of $3.48 million for the year ended June 30, 2007, despite a difficult business environment for road transporters... This compares with a profit of $1.3million in the previous corresponding period, helped by a one-off gain of $755,000... Margins also improved, with earnings before interest, tax, depreciation and amortisation (EBITDA) of $18.4 million representing 10 percent of sales in 2006/07, up from 8.1 percent previously... Revenue was up by 8.1 percent to $184.5 million, with sales in both the transport and rural divisions higher...
Labels: trucking industry news Australia
posted by Unknown @ 11:56 AM
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