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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GrainCorp contracts more grain trains
GrainCorp has reached agreement with national transport and logistics companies QR and Pacific National for the provision of main line trains to service the company's wheat transport requirements.
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Pacific National no longer national
Freight train operator Pacific National is to exit its Tasmanian services.
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Asciano shares crash, halts share trading
Shares in Asciano have been put on a trading halt, after experiencing a dramatic fall of 60 per cent today.
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Rail at the crossroads: Telford
Australasian Railway Association chairman Don Telford has urged the Australian Government to put an end to 50 years of under-investment in rail.
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Asciano shares in freefall
Australia's biggest port and rail operator Asciano Group Ltd said it cannot explain the recent fall in its stock price of almost 20 per cent, and is still expecting earning for this financial year.
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Asciano loses tax fight
Asciano should pay duty on the lease of rail lines in NSW as the lease gave it the right to use the land surrounding railways, the High Court of Australia has unanimously ruled.
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Asciano punts NSW, QLD governments
Asciano chief executive Mark Rowsthorn has lashed out at the New South Wales and Queensland governments, saying that backing another foreign terminal operator to enter major ports with government subsidy would be
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Asciano dismisses $2.9 billion takeover approach
Asciano has dismissed a $2.9 billion takeover offer from a Texas-based consortium, saying it undervalues its business.
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TPG makes a $1 billion move on Asciano
Private equity consortium TPG has reportedly made a $1 billion share offer to Asciano, after its initial takeover proposal was thwarted three months ago.
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