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Article: Patrick takes Pacific National to the edge in Toll North row.
- Article from:
- Australasian Business Intelligence
- Article date:
- September 9, 2005
CopyrightCOPYRIGHT 2005 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Kevin Chinnery
Sep 09, 2005 (Lloyd's List Daily Commercial News - ABIX via COMTEX) -- Australian transport group, PatrickCorporation, is taking action against itsPacific National (PN) partner, Toll Holdings.On 3 September 2005, Patrick told theAustralian stock exchange that it has startedformal dispute proceedings that could result
in the rail freight venture's breakup. The partners have 14 days to resolve the dispute.Patrick claims that PN's Queensland freightcontract favours ...