A big fish in a small pond

Lang Corporation, parent company of Australian stevedore Patrick, has been on an aggressive expansion trail over the past two years. Late last year the company acquired the port logistics business of Australia's Mayne Nickless group, adding significant strategic assets to its expanding waterfront, transport and shipping portfolio (see WorldCargo News December 2000 p8). The Mayne businesses are major players in the port cartage, container park and customs broking fields in Melbourne, Sydney and Brisbane and hold significant port land leases close to major container terminals....