Freight giant Aurizon expects to take a hit to its profit this year as it moves fewer shipments of coal in Queensland and chases significant debts from customers.
The Albanese and Malinauskas governments have announced $2.4 billion in rescue funding to save the Whyalla Steelworks after the facility was forced into administration.
Aurizon has entered into a three-year agreement with SCT Logistics to increase the frequency of its containerised freight services between Brisbane, Sydney, and Melbourne.