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You are here: Home Archive 2009 August 19 Asciano freezes high-tech AutoStrad roll-out

Asciano freezes high-tech AutoStrad roll-out

by Rob McKay last modified Aug 19, 2009 12:00 PM

Asciano's roll-out of its AutoStrad straddle carrier technology will remain frozen "for the foreseeable future" after the company revealed impairment charges on two of its Patrick businesses.

  
Asciano freezes high-tech AutoStrad roll-out

Unaffected: Patrick's Brisbane terminal is unaffected by impairment charges elsewhere

Asciano managing director Mark Rowsthorn today announced a $116m write down in goodwill through impairment charges on the value of Patrick Autocare and Patrick Container Ports for the second...

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