Asciano enters into a new agreement

Company News

Asciano Limited (ASX:AIO) has entered into a new deal with BlueScope Steel Limited (ASX:BSL) and Arrium Limited (ASX:ARI) for the continued provision of rail linehaul services.

Asciano CEO John Mullen says the companies are longstanding and important customers.

The new contract will be effective from the January 1, 2015 with a minimum duration of seven years.

In the 2012 financial year Asciano reported a net profit of $114 million.

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