re: Ann: Asciano signs long term contract wit... "Asciano Group says it's signed a contract with Toll Holdings to haul intermodal rail freight, with expected revenues of up to $1 billion over five years.
Under the contract, Asciano's Pacific National Intermodal division will supply rail haulage services to Toll to move containers and cars interstate.
The contract includes options to extend the initial term of five years for up to another 10 years.
Asciano chief executive Mark Rowsthorn said the contract reinforced the long standing relationship between the two companies.
"Pacific National has also granted Toll a lease over land within its Perth Freight Terminal precinct, where it intends to develop a freight forwarding facility immediately adjacent to the rail terminal," Mr Rowsthorn said in a statement." smh 120210
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