Toll has negotiated for itself a 20-year contract which gives it exclusive rights to all of the freight carried by Pacific National in Queensland,
It would be more valuable to Patrick and Toll shareholders if (chief executive) Paul Little focused on an orderly break-up of Pacific National which is now deteriorating daily.
All Patrick employees who went to Pacific National when the joint venture was formed in 2002 were required to resign from Patrick and did not receive further options from Patrick,
There's a risk I suppose that Pacific National is broken up, and that's a route that seems inevitable.
There's a risk I suppose that Pacific National is broken up and that's a route that seems inevitable,