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Source: Detroit Free Press

Source: USW

From the Sydney Morning Herald:
The pressure will build on DP World and the other incumbent stevedore, Asciano’s Patrick, as early as next month when a successful bidder for the third container terminal at the Port of Melbourne is expected to be announced.
Hutchison is the leading contender among four bidders – including the Chris Corrigan-chaired Qube Holdings and a Macquarie-backed consortium – for the right to operate a new $1.2 billion container terminal.
Asciano and DP World have been racing to raise their competitiveness before the deep-pocketed Hutchison gains a larger presence on the east coast. They face a new competitor that has already been willing to undercut them by as much as 15 per cent, according to UBS estimates, to gain market share.
Read the rest at the SMH

Source: Rutland Herald