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Encyclopedia > Asciano Limited
Asciano Limited
Type Public
Founded Demerger from Toll Holdings - 2007
Headquarters Melbourne, Victoria, Australia
Key people Tim Poole, Chairman
Mark Rowsthorn, CEO
Don Telford, COO
Austen Perrin, CFO
Industry Transport
Products Pacific National
Patrick Corporation
Website http://www.asciano.com.au


Asciano Limited (ASX: AIO) is an Australian transport infrastructure and operations company. It was split out of Toll Holdings in June 2007. The CEO is Mark Rowsthorn. Major assets of the company include four container ports in Australia (formerly owned by Patrick Corporation before it was taken over by Toll), and Pacific National rail company. Toll Holdings is Australias largest transport company, with units or divisions in trucking, rail, sea and air transport. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ... Melbournes CBD has grown to straddle the Yarra River in three major precincts. ... This article or section does not cite its references or sources. ... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Mark Rowsthorn serves as the CFO of New Zealands largest transport company, Toll NZ. Category: ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... A Chief Operating Officer (COO) is a corporate officer responsible for managing the day-to-day activities of the corporation. ... CFO is usually short for Chief Financial Officer, but may also mean: Carrier frequency offset Ceramic fiber optics Chief Fire Officer Chief of Flight Operations Conselho Federal de Odontologia (cfo. ... NR Locomotive Pacific National is one of Australias largest private rail freight businesses. ... Patrick Corporation Ltd (ASX code: PRK) is an Australian publicly listed logistics conglomerate. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on a Web server, usually accessible via the Internet or a LAN. A Web page is a document, typically written in HTML, that is almost always accessible... The Australian Securities Exchange (ASX) is the primary stock exchange in Australia. ... Toll Holdings is Australias largest transport company, with units or divisions in trucking, rail, sea and air transport. ... A Chief Executive Officer (CEO), or Chief Executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency. ... Mark Rowsthorn serves as the CFO of New Zealands largest transport company, Toll NZ. Category: ... Patrick Corporation Ltd (ASX code: PRK) is an Australian publicly listed logistics conglomerate. ... NR Locomotive Pacific National is one of Australias largest private rail freight businesses. ...


History

On 13 December 2006 Toll Holdings announced its intention to restructure the Toll Group into two market leading, ASX listed entities – Toll and Asciano. In essence the restructure would lay the foundation for continued growth by separating its transport infrastructure assets from its network and supply chain business. The overarching objective of the restructure was to maximise shareholder value. For the Manfred Mann album, see 2006 (album). ... Toll Holdings is Australias largest transport company, with units or divisions in trucking, rail, sea and air transport. ... The Australian Securities Exchange (ASX) is the primary stock exchange in Australia. ...


Asciano Limited was listed on the Australian Stock Exchange on 6 June 2007. The Australian Securities Exchange (ASX) is the primary stock exchange in Australia. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ...


As part of the restructure Asciano become the owner of a unique transport infrastructure portfolio, including 100% of Pacific National and the Patrick container ports as well as the combined port operations and stevedoring businesses of Toll and Patrick Corporation. NR Locomotive Pacific National is one of Australias largest private rail freight businesses. ... A container terminal is a facility where sea containers are loaded and unloaded from and to lorries, trains or ships for further transport. ...


Asciano’s presence in the ports and rail sector has developed from Toll Holdings initial collection of regional port facility management and stevedoring businesses into an extensive network of general port and stevedoring operations and nationwide freight rail businesses. Its first major port facility investment was the purchase of the operating rights to the Port of Geelong (together with a 30% investment in the ownership vehicle) in 1997. With the acquisition of the privately owned Strang Stevedoring business in 2001, stevedoring services were extended to include Portland, Melbourne (general and automotive import and exports) and Newcastle. Toll Holdings is Australias largest transport company, with units or divisions in trucking, rail, sea and air transport. ... Year 1997 (MCMXCVII) was a common year starting on Wednesday (link will display full 1997 Gregorian calendar). ... Year 2001 (MMI) was a common year starting on Monday (link displays the 2001 Gregorian calendar). ...


In 2002, the acquisition of BHP Stevedoring added operations in Port Kembla and Western Port in Australia and Tauranga, Napier and Lyttleton ports in New Zealand. Further stevedoring acquisitions from 2003 to 2005 in New Zealand and Australia strengthened the stevedoring business. For album titles with the same name, see 2002 (album). ... BHP Billiton is the worlds largest mining company. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...


Toll entered into the rail industry in 1996 with the establishment of Toll Rail and then in 2002 acquired National Rail Corporation and FreightCorp to form Pacific National as a joint venture between Toll and Patrick Corporation. Pacific National is now one of Australia’s leading rail freight operators. Year 1996 (MCMXCVI) was a leap year starting on Monday (link will display full 1996 Gregorian calendar). ... NR Locomotive Pacific National is one of Australias largest private rail freight businesses. ... A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. ...


In 2006 Toll acquired Patrick Corporation, gaining ownership of Patrick Corporation’s Container Terminal operations, PortLink and Port Services businesses, and extensive general stevedoring operations, along with the remaining 50% of Pacific National. For the Manfred Mann album, see 2006 (album). ...


The $8 billion transport infrastructure assets and operations acquired by Toll Holding’s over the past decade are now owned and controlled by Asciano Limited.


External links

  • http://www.asciano.com.au/


 
 

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