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Asciano expands logistics footprint

Thursday, 7 Nov 2013 ( #641 ) - Newcastle, New South Wales, Australia
Local News Story
Asciano has expanded its logistics footprint through the acquisition of Mountain Industries.
Rail and ports operator Asciano has bought Newcastle-based logistics company Mountain Industries as part of its strategy to expand operations on Australia’s east coast.

The investment will aid the development of Australia’s first ‘pit to port’ logistics capability in the country’s key resources and export markets, particularly at Kooragang Island, New South Wales.

"In addition to positioning our business in key long-term commodities, industrial and agricultural growth markets, the acquisition will expand our stevedoring and logistics operations on Australia’s east coast, build our capabilities in bulk haulage and handling, and create new opportunities to further leverage the complementary strengths of our rail, port and landside logistics businesses," says Philip Tonks, director of Patrick Ports & Stevedoring.

Mountain Industries is an integrated logistics solutions provider which supports customers in the containerised, general cargo and bulk commodity export markets, including transport, storage, intermodal and distribution services.

Now a wholly owned subsidiary of Asciano Limited, it will continue to operate as an independent business as part of Asciano’s Patrick Ports and Stevedoring division.
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