August 31, 2010

Asciano to Bid for Rail Contract in Australia

Asciano Group is bidding with CBH Resources in Western Australia for a contract to transport grain. The port and rail operator is competing for all three parcels of the A$700m (US$621.39m) contract, which will enable the transportation of A$100m (US$88.77m) of grain a year. CBH

By cms admin

Asciano Group is bidding with CBH Resources in Western Australia for a contract to transport grain.

The port and rail operator is competing for all three parcels of the A$700m (US$621.39m) contract, which will enable the transportation of A$100m (US$88.77m) of grain a year.

CBH aims to increase the rail freight delivery from 50-70%.

The contracts will be awarded by the end of the year.

QR National subsidiary Australian Railroad Group currently operates the service.