Snippets Corner: 23 March 2010 – AIO, ISF

March 22, 2010

Asciano Group (AIO) announced it has secured a long-term rail haulage contract with Australian Freight forwarding company Sadleirs Transport that would generate over $150 million in revenue over the next seven years. The company said as part of the agreement its Pacific National operation would extend its current services that provide Sadliers transport rail vans between Sydney and Perth to also accommodate Sadliers haulage needs between Melbourne to Perth. Asciano said the agreement reinforces Pacific National’s leading position in the Intermodal freight market.

Isoft Group Limited (ISF) announced that NHS Shared Business Services (NHS SBS) has extended its contract for iSOFT Business Solutions to host its Oracle finance and purchasing applications by an additional two years. The company said the latest contract, worth $9.8 million, extends the original $47.8 million agreement, signed in March 2008, to 2016.

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