Business

Asciano

Asciano H1 profit up 76.1%

Asciano Group has lifted its first half net profit by 76.1 per cent and says it expects to report annual earnings around the top of its guidance.

Asciano shares jump on first profit since listing

Rail and ports operator Asciano reports its first half-year profit since listing nearly three years ago, slightly ahead of forecasts.

More muscle: Asciano gears up for turf wars

Asciano

Ian McIlwraith After delivering a promising half-year result, Asciano's Mark Rowsthorn looks destined to spend the next few months lobbying regulators over business threats in key markets.

Asciano boss finds his niche

CBD The ability of Mark Rowsthorn, Asciano's managing director, to turn Australia's largest stevedore and rail haulage company into a niche player appears to have finally been recognised by the wider...

Asciano signs $250m deal to haul Macarthur's coal

Ports and rail operator Asciano Group has struck a deal with Macarthur Coal to move seven million tonnes of coal each year from two of the miner's Queensland operations.

Asciano to haul Macarthur's coal

Asciano Group has struck a deal with Macarthur Coal to move seven million tonnes of coal each year from two of the miner's Queensland operations.

Storm of expansion in the ports will make waves for Asciano and MUA

Adele Ferguson A new competitor on a much bigger playing field will set the scene for 2010 and beyond.

Some sorely needed challengers for Asciano

Adele Ferguson The rail and ports operator Asciano may have survived a restructuring of the group's debt-laden balance sheet, but this year new challenges lie ahead.

Asciano named preferred magnetite hauler

The Asciano Group has been selected as the preferred rail operator to haul magnetite from miner Xstrata Copper's Ernest Henry Mining operation in Queensland.

Asciano clears decks of due debt

Michael Evans THE ports operator Asciano has successfully renegotiated its $5 billion debt pile, paying down $2.25 billion that was due in May to leave no repayments due until May 2012.

Asciano signs coal haulage contract

Asciano Group has signed a contract with Whitehaven Coal Ltd to provide coal haulage services.

Asciano sees coal haulage contract delivering $600m

Asciano Group has signed a contract with Whitehaven Coal to provide coal haulage services that will deliver it at least $600 million in revenue over the term of the agreement.

Asciano strikes $500m deal with Idemitsu

Ports and rail firm Asciano Group has signed a 12-year contract with coal miner Idemitsu to haul coal from the Boggabri mine in NSW's Gunnedah Basin.

Asciano signs Qld coal haulage contract

Asciano has signed a 10-year coal haulage contract with a Queensland joint-venture between Aquila Resources and Brazilian iron ore giant Vale.

Asciano signs 10-year coal haulage contract

Rail operator Aschiano Group has signed a 10-year coal haulage contract with a Queensland joint venture between Aquila Resources and Brazilian iron ore giant Vale.

Protest vote at Asciano meeting over pay

LOGISTICS Matt O'Sullivan ASCIANO'S departing chairman, Tim Poole, has served out his final day defending the company strategy that led to the huge loss of market value over the past two years and bonuses paid to the chief...

Asciano sees positive trading conditions

Transport and logistics firm Asciano Group says the strong trading conditions seen in the second half of 2008/09 have continued into the new financial year.

Asciano says trading conditions continue to be positive

Transport and logistics firm Asciano Group says the strong trading conditions seen in the second half of 2008-09 have continued into the new financial year.

Asciano names three new directors

Asciano has appointed three new non executive directors to its board and named one as its new chairman.

Asciano wants a bigger pool

Matt O'Sullivan FRESH from narrowly avoiding collapse, Asciano's board is seeking a 50 per cent increase in the pool of money it can dish out to its directors.