David Irwin has stepped down from his role as CEO of rail freight group Pacific National, citing a desire to be closer to family.
“After 10 years predominantly working away from my home in regional
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Asciano recommends Qube Consortium Proposal
Asciano Limited announced on 8th February 2016 that it had received a revised proposal from Qube Holding Limited, Global Infrastructure Partners, Canada Pension Plan Investment Board and CIC Capital Corporation to acquire up to 100 per cent of the issued capital of Asciano.
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New timeline announced for both proposed acquisitions of Asciano Limited
The Australian Competition and Consumer Commission has set a new indicative decision date of 24 March 2016 for its consideration of the acquisitions of Asciano Limited.
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Asciano to slash costs and jobs
Transport and logistics operator Asciano has announced plans to slash $250 million in spending with jobs cuts expected, blaming tough economic conditions.
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Asciano post huge profit jump
Transport and logistics operator Asciano has posted a net profit of $199 million for the six months to December, a 7.45 per cent increase on the same period last year.
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Coal haulage derailed in NSW
Coal haulage in NSW will come to a standstill this week as Pacific National Coal digs its heels in over a wage dispute with workers.
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Pacific National signs train services contract with natural resources company
Asciano’s Pacific National Coal haulage business has entered into a new train services contract with natural resources company BHP Billiton Mitsubishi Alliance (BMA).
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$348m to redevelop terminal at Port Botany announced Asciano
Asciano has announced plans to invest $348 million to redevelop and expand its container terminal at Port Botany for transforming the terminal into a world class and internationally competitive facility by 2014.
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Patrick Terminals EA negotiations at deadlock
Asciano has confirmed that negotiations for a new Enterprise Agreement (EA) for its Patrick Terminals workforce have broken down.
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Change of guard at Asciano
Two of Asciano's senior managers are set to depart the company in the near future, prompting an internal reorganisation.
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