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Pacific National, an Australian interconnected rail freight operator, is pursuing growth under new chief executive Dean Dalla Valle after recent worker strikes over employment conditions. The company has bought Aurizon's Acacia Ridge terminal and agreed to take over the Aurizon Queensland Intermodal business with Linfox.
This is corporate news about a rail operator's expansion and has little direct effect on grain or feed supply and prices.
australianminingreview.com.auadminNov 20, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
