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Eyeing an upturn in Oz

News

There are strong signs the Australian commodities cycle has bottomed, and a new investment phase may be about to begin....

Qube wins battle for Asciano

News

After failing to receive a matching offer to Qube’s proposal, Asciano has advised its shareholders to reject Brookfield’s offer....

Bidding war for Asciano

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Asciano has deemed a revised offer from Qube to be superior to Brookfield’s earlier proposal, triggering a bidding war for the Australian ...

Asciano takeover bulk worries

News

A robust attitude by Western Australian rail network owner Brookfield Rail (BR) towards the state’s grain producers/handlers is having app...

Class 88 for Pacific National

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Asciano-owned Pacific National has taken delivery of five new generation SDA2 diesel locomotives in Australia. Designated “Class 88”, th...

WA port sell-off

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Standard and Poor’s downgrading of Western Australia’s AAA credit rating has sharply increased the likelihood some parts of the state’...

NSW coal dispute escalates

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Work stoppages began on 8 February in New South Wales as Pacific National Coal (PNC) employees walked out in protest over a proposed Enterpr...

Industry bid for QR coal sale

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Fourteen Queensland coal producers who have united to try and force the state govern-ment to modify its planned sale of Queensland Rail have...

Rail projects gather steam

News

The global recession hit rail companies hard, as demand for bulk commodities such as coal was affected. But green shoots of recovery are now...

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