Quality Marshalling Loses Major Contract
Posted on 10th September 2013
Port of Tauranga today announced that its subsidiary Quality Marshalling Limited has lost a major log marshalling contract at Mount Maunganui and Murupara, effective from 1 January 2014.
The revenue loss represents approximately 60% of Quality Marshalling Limited's revenue at the time of acquisition.
Port of Tauranga Chief Executive, Mark Cairns, says that whilst the outcome of the competitive tender process is disappointing, there remain significant growth opportunities for Quality Marshalling in New Zealand.