Transport

Qube Holdings is developing a solution to the complex and inefficient NSW logistics industry and several brokers point out the company’s longer term potential.

The outlook for Qube Holdings is gaining complexity, with the recent contract loss for its Patrick division, while substantial, not considered significant in the longer term.

Air New Zealand will sell down its stake in Virgin Australia to Nanshan Group, and brokers speculate as to what the company might do with the proceeds.

In the wake of a decision by Qantas, Virgin Australia is reducing its carrying capacity to offset weaker demand.

Michael Gable of Fairmont Equities suggests Qantas has broken down in the short term.

Sifting through the first half results, several brokers suggest Aurizon’s dividend yield is too attractive to pass up despite a cloudy earnings outlook.

Transurban’s latest traffic and revenue statistics suggest the outlook for the toll road operator remains robust.

Qantas has revealed its turnaround continues through guidance for first half profits, provoking broker expectations that capital management is in the wings.

Michael Gable of Fairmont Equities suggests Qantas’ technicals are portending a break down.

Parts manufacturer MaxiTRANS has unveiled operational improvements which Canaccord Genuity believes are a sign the business is stabilising.