Chill winds from the Chinese economy have caused Australian freight forwarder Wiseway to downgrade its anticipated China/Australia freight volumes and earnings.
Brambles, a supplier of reusable pallets, crates and containers for the supply chain industries, recorded strong revenue growth but its profit was much lower in the first half of its financial year, according to results released to the Australian Stock Exchange.
Melbourne-based MaxiTRANS, an Australian manufacturer and supplier of trailers and road transport equipment, has bought a local live bottom trailer manufacturer. It has also disposed of its majority shareholding in a panel-making business in China.
