Ann: Trading Update, page-2

Good to update the market.

No mention of possible insurance recoverables.

However, surprising that it didn't also mention how there have not been any Brisbane - Melbourne or v.v. Pacific National intermodal trains for several days due to flooding and landslips initially closing the Casino, NSW to Brisbane, Qld section (since rectified) and still closing (to freight trains) the Moss Vale to Campbelltown, NSW section of the main Sydney - Melbourne line.

There's also trackwork for three days (to tonight) near Galong (between Cootamundra and Yass Junction).

PN could be operating these intermodals via a circuitous route from Melbourne to Cootamundra/Pakes/Dubbo/Ulan/Muswellbrook/Telerah and then up the normal North Coast line to Brisbane, but it isn't.

So no LAU railable containers are going all the way, yet it was hosting at least 100 a month.

Fortunately the main east-west line (Melbourne to Perth, with smaller volumes from Sydney and Parkes) is going gangbusters, and LAU usually rails at least 400 containers across the Nullarbor each month, so that's good.

LAU road transport must have also been affected due to vegetable growers being flooded out.