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,
We have been trying for months to get an investigation underway into this deal which was negotiated between Toll employees and former Toll employees who were being given Toll options while working at Pacific National,
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.
Originally Toll wanted to buy that through Pacific National,
I've got a very poor opinion as it turns out now, because we've been stitched up in the transaction in relation to Pacific National, which has really broken down the trust that I would have in a business partner,
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,