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TRUCKING INDUSTRY NEWS * Australia - Lindsay Australia to grow despite recession
Brisbane,QNLD,AUST -QBR, by Michael House -28 April 2009: -- Queensland trucking, logistics and supply chain operator Lindsay Australia has announced it expects a massive rise in profits of over 50 percent at the end of the financial year... The company has projected a full year consolidated after tax profit of between $3.6 million and $4.1 million, thumbing its nose at the global financial crisis... Despite sections of the industry experiencing a credit shortage and a fall in growth, Lindsay expects to build upon its $2 million profit announced for the same period last year... Lindsay Chief Financial Officer Graham Johnston says while it is difficult to forecast such a prediction given the global financial crisis, it is based on the businesses trends over the last nine months...* Government cuts speed limit on highway
Brisbane,QNLD,AUST -ATN -28 April 2009: -- The Queensland Government will reduce the speed limit on a key road freight route in an effort to slash the number of accidents... As part of a number of safety initiatives being undertaken by the Department of Main Roads, the speed limit on the Mount Lindesay Highway will be revised from 100km/h to 90km/h... The 10km/h drop follows an analysis of the highway, which determined a drop in speed would cut the likelihood of accidents...(Picture from 4.bp.blogspot.com)
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