In the first major asset divestment to flow from Toll Holdings’ purchase of Patrick Corporation, Bass Strait short sea operator Patrick Shipping and its associated freight forwarding and logistics businesses have been sold to a consortium of Tasmanian companies.
Searoad Holdings Ltd, led by road transport magnate Chas Kelly, will acquire the ro-ros SEAROAD TAMAR and SEAROAD MERSEY along with terminal leases in Melbourne and Devonport, trucks an
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This complete item is approximately 400 words in length, and appeared in the February 2007 issue of WorldCargo News, on page 17. To access this issue download the PDF here.
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