Rivet min­ing ser­vices off­loads heavy haulage as­sets

Australian Transport News - - NEWS -

Rivet Min­ing Ser­vices put 19 prime movers and 24 side-tip­ping trail­ers on the block in June as it slimmed down its Port Hed­land-based heavy haulage fleet.

The com­pany sold 87 lots, in­clud­ing low load­ers, Franna cranes, prime movers, fuel tanker trail­ers, side tip­ping trail­ers, dolly con­verter trail­ers and ex­tend­able trail­ers, through a ten­der process run by Gor­don Broth­ers.

Rivet chief op­er­at­ing of­fi­cer Philip Tonks tells ATN its heavy haulage op­er­a­tions were largely a side­line to the bulk haulage arm, which made up “99 per cent” of the busi­ness.

“This is just sur­plus as­sets in the heavy haulage area which we don’t re­quire,” Tonks says.

“We are still do­ing some heavy haulage in the re­gion and we still spe­cialise with cer­tain clients for that, but apart from that, there is noth­ing more to it than that.”

The com­pany is the pri­mary and ex­clu­sive bulk haulage con­trac­tor for At­las Iron, and has been up­grad­ing its bulk haulage fleet to meet de­mand, lift­ing its num­ber of su­perquads to 55, while keep­ing an av­er­age fleet age of be­tween four and five years.

“The quads have in­creased load ca­pac­ity, to pro­vide those ef­fi­cien­cies to our cus­tomer to en­able them to be the most ef­fi­cient op­er­a­tor out there,” he says.

The com­pany will use cash raised from the as­set sale to in­vest in more as­sets to help it meet fu­ture con­tracts.

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