4 corners tonight, page-3

Not quite the way you say it.
Pressure behind the scenes is now partly on Shell and BP and way down the track, Coles and Woolworths.
Shell and BP will be told step up and be responsible for those contractors you hire. Duty of care etc etc.
Shell has canned Cootes, but is yet to announce a new contractor.Shell contract expires end June 2014.
BP contract expires end March 2014 and BP yet to name new contractor.
Cootes has lost BP NSW but will they pick/retain other regions in Australia???
The stakes for BP granting Cootes any contracts just ratchetted up another notch, maybe more.
And what is origin thinking???
And another point. The West Australian put out a buy recommendation on McAlleese with a price target of$1.70.
Evidently according to this bright spark, if you lose 60% of your revenue and end up with 2 or 300 trucks and trailers out of work is not a problem. The margins were thin and it will result in only $5 mil reduction in profit.
No mention of how you will service the loans. I suppose you sell the gear at super rates or go buy mining contracts.
McAlleese will take another year to pan out. So I do not intend to be standing in front of that truck heading my way.

PS:-A supermarket chain, a finance group, an oil company wanting to divest all trying to operate in an overcrowded Fuel transportation industry is a recipe for the perfect
storm.
My thoughts only