Asciano settles on Patrick shake-up
Asciano has confirmed the change in reporting structure for its stevedoring firm, Patrick, foreshadowed last October.
Former Patrick boss Paul Garaty left on January 1 but his former position, Divisional Manager Patrick, will go too and the internal and external search for a replacement has been shelved.
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Pacific National scores another Rio Tinto coal contract
Asciano's Pacific National Coal haulage business will haul a total 8.5 million extra tonnes of coal per annum for two Rio Tinto mines in Queensland
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Older worker claims rate reason unclear
The safety rate of self-insured transport and logistics firms under the Comcare system over the past five years has been exemplary but mystery surrounds figures for older workers.
Comcare has released to ATN claims performance figures by age-group for the six self-insured transport, postal and warehousing (TPW) firms that joined the scheme before 2006-07 are Australian air Express, Asciano, Australia Post, K&S Freighters, Linfox Australia and Linfox Armaguard.
TPW is the sector is defined for government purposes and individual company breakdowns are not given.
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Contract and cranes for Patrick as customers criticise
Asciano has revealed a contract extension for stevedore Patrick with the world’s second-largest shipping line and confirmed crane investments a week after container-line representative body Shipping Australia took a heavy swipe at Port Botany productivity.
Patrick has secured a five-year Mediterranean Shipping Company (MSC) extension starting January 20, with MSC having the right of early termination at the end of year three.
“The successful completion of another agreement with our long term customer, MSC, will see our Patrick operations handle approximately 550,000 containers nationally for MSC in the first year of the agreement,” Asciano CEO John Mullen says.
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Arch rivals face off at AGMs
Rail haulage rivals Asciano and QR National both report $3 billion revenues and claim market leadership at AGMs on the same day
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We will stay off roads says Asciano boss
New Asciano CEO John Mullen has scotched any thought that the rail and port terminals company might consider entering the trucking market.
Fresh from driving the company’s strategic review, Mullen explained its new vision to the firm’s annual general meeting today – and it explicitly did not include road transport.
The company would be the country’s “leading provider of critical logistics services within essential infrastructure-based supply chains”, he says.
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Patrick boss Garaty to hand over reins
Asciano is to lose the boss of its Patrick container terminals and stevedoring division, Paul Garaty, early next year.
Despite trenchant recent criticism of Patrick in Sydney from the trucking, container shipping and freight forwarding sectors, Asciano CEO John Mullen praised the outgoing director, who took up the Patrick post only in January.
“The Patrick businesses have achieved significant improvements in performance over the last 18 months under Paul’s leadership and given the depth of the senior management team in the ports division, we are confident this performance will continue and that it will be business as usual with our customers and stakeholders," Asciano CEO John Mullen says.
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Asciano boss eyes port congestion action
Mullen sees Sydney intermodal options and synergies between Patrick and Pacific National as offering a solution
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Mullen rejects Asciano demerger
Asciano CEO John Mullen rules out further restructure or asset sales on the back of firm results announced today
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Asciano signs new container deal with Maersk
Asciano finalises a new five-year deal with Maersk Line on container terminals
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Asciano resigns with Coal & Allied
Pacific National’s coal haulage business will continue the annual movement of coal for Coal & Allied in the Hunter Valley, NSW
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QR National secures Stanwell contract
QR National keeps pace with Asciano in the Queensland coal haulage market, reigniting a long-term relationship with Stanwell Corporation
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Asciano wins Queensland BHP contract
Rail and port provider Asciano secures a long term coal haulage contract with BHP Mitsui Coal
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QRN joins Asciano on concern over coal supply
QR National forced to revise initial estimates of the reduction in coal supplies it hauls this year from 25 to a possible 35 million tonnes
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March litany of woe for Asciano
Coal volumes significantly impacted by adverse weather conditions resulting in a 7 percent decline for Asciano in it's first quarter
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Carlyle buys stake as Qube profit jumps
Corrigan coy on Patrick but welcomes private equity move
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Coal continues to drive Asciano
Riding on Pacific National’s Coal division results, Asciano reports an 8.8 percent revenue increase to $1.6 billion and a net profit of $123.5 million
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Asciano farewells Rowsthorn, welcomes Mullen
Founding MD shown the door as rail and ports group searches for shareholder value
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Asciano secures another Anglo American contract
Rail and Port operator Asciano scores a $200 million contract to move coal for Anglo American Metallurgical Coal in Queensland
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Asciano records loss but signals good times ahead
Asciano records $976 million loss, but the company points to good times ahead on the back of internal reforms
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