CBH expands rail operations
Johnson Winter & Slattery has advised Co-operative Bulk Handling Limited (CBH) on its new rail services agreement.
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Firm: Johnson Winter & Slattery (CBH).
Deal: CBH has signed a new long-term rail haulage and maintenance agreement with Aurizon.
Value: Undisclosed.
Area: Corporate.
Key players: The Johnson Winter & Slattery team was led by partners Stuart Clague and Bruce Adkins, with assistance from consultant Darren Grondal, special counsel Rebecca Cifelli and associate Haerim Nam.
Partner George Croft assisted in transitional arrangements, a statement from JWS confirmed.
Deal significance: As per the statement provided by JWS, the agreement between CBH and Aurizon “covers all of CBH’s rail requirements for Western Australian grain harvests, and is for six years with two two-year options to extend (contingent on Aurizon meeting its relevant contract KPIs)”.
“Watco, CBH’s existing rail services provider, has agreed to transition the contract to Aurizon before the coming grain harvest, and will begin a three-month transition later this month,” the statement said, adding that this new agreement “provides for the haulage of grain from regional rail receival sites to export terminals at Geraldton, Kwinana and Albany using CBH’s existing fleet of 10 trains and three Aurizon-owned trains”.
Commenting further on the deal, Johnson Winter & Slattery partner Mr Clague said: “Given the importance of CBH’s rail operations to its business, we are delighted that CBH put its trust in us to advise on its rail services procurement process, including the long term rail services agreement with Aurizon that was the end result.
“This is one of the largest and most complex rail transportation tasks in Australia. It involves the haulage of the bulk of Western Australia’s grain harvest from about 70 different loading points to four unloading points spread across the State, using a mix of both CBH and Aurizon owned rolling stock.”
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Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
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