Asciano imposes export load restrictions

Company News

Asciano Limited (ASX:AIO) has reportedly been forced to warn customers it will impose restrictions on export loading from this weekend on its Patrick ports business.

The rail freight and ports operator will down scale Patrick’s Port Botany operations due to bad weather, equipment delays and employee absenteeism, according to reports.  

Patrick container terminals director Alistair Field says the temporary restriction on container volume has been implemented to return customer schedules to plan as quickly as possible.

With three new quay cranes being installed at one of Patrick’s three Port Botany berths, loading operations have already been cut back before the latest restrictions.

In the 2012 financial year, Asciano reported a net profit of $242.7 million.

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