The continuing impasse between Pacific National (PN) shareholders Toll and Patrick could see the business grind to a halt in the New Year, as signs point to a dissolution of the partnership sooner rather than later.
The resignation of chief executive Stephen O’Donnell (see WorldCargo News November 2005, p12) was followed by the departure of a number of other senior staff, leading to a possible breach of the company’s operating safety licences....
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This complete item is approximately 155 words in length, and appeared in the December 2005 issue of WorldCargo News, on page 16.
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