A $1.4 billion private sector investment in the Sydney to Brisbane rail network is expected to take 400 trucks a day off the Pacific Highway.
A week is a long time in politics and, apparently, even longer in competition regulation. Last Sunday, Australian Competition and Consumer Commission chairman Graeme Samuel apparently opened the gate to Toll Holdings's bid for Patrick, saying Toll chief Paul Little had "taken a step in the right direction" towards securing regulatory clearance.
There are concerns over the future of some of the freight rail lines used to transport grain around Victoria.
Dozens of members of the Rail, Tram and Bus Union (RTBU) have been locked out of their workplaces in Broken Hill in far west NSW and Port Augusta in South Australia, bringing freight trains to a grinding halt.
Stephen O'Donnell has chosen an historic way to mark his final 10 days as the chief executive of Pacific National. Yesterday the boss of the riven Toll-Patrick rail freight operator delivered orders for the first ever lock-out of Australian rail workers.
Patrick Corporation today announced that it has entered into an option with the owners of FCL Interstate Transport Services (FCL) to acquire FCL. The option secures the opportunity for Patrick to acquire FCL as part of its broader strategy to rapidly expand its own freight forwarding business.
Industrial action by Pacific National train drivers planned for Monday has been called off.
The landscape for the mainline heritage operators in Tasmania is presently bleak without the added concerns of closure of the majority of the network. Removal of funds from mainline operations and increasing insurance costs will be highly detrimental to the ongoing preservation and operation of Tasmania’s Rail heritage.
The views expressed in this media release represent the views of TATRail which represents Tasmania’s 9 tourist railways including the 4 major mainline tourist operators specifically Don River Railway, Derwent Valley Railway, Burnie Rail and the Tasmanian Transport Museum Society.
There were 124 sightings for the week which is 5 more than last week. Making a total for the year to date at 4785* sightings (* One weeks sightings missing in March) (Total sightings up to day 337 last year was 568).
Iron ore aspirant Fortescue Metals has challenged BHP Billiton claims that opening up the mining giant's Pilbara rail network would undermine its efficiency and discourage investment in new capacity.
A supertram incorporating the ribbons currently used in all Shepparton Show Me campaigns will be zooming around Melbourne from December 2005 to February 2006, spreading the word that Shepparton is a great place to visit.
The biggest hurdle for exporting iron ore is the huge cost of building the necessary port and railway - just ask Fortescue Metals, which has so far found it tough to raise $2.3 billion for its project.
A marathon session between union representatives, Albury Railway Station employees and CountryLink management ended in a deadlock yesterday with the XPT operator refusing to meet demands for around-the-clock staffing at the station.
The New South Wales Opposition says the State Government is deliberately under-funding rail branch lines because it intends to sell them off.
History was made on Sunday when the Lions Club of YP Rail train pulled out of Wallaroo on its way to Bute and return. In a first for the club, and a first in South Australia for Tourist and Heritage Railways, the train was entirely in the hands of females.
The Tasmanian Government is happy with the way negotiations have been held between it and the Federal Government over the future of the state's rail network.
Tasmanians face the prospect of monster road trains thundering up and down the Midlands and Bass highways between Hobart, Launceston, Bell Bay and Burnie if all rail services are permanently axed next week.
Patrick Corporation is now within Toll Holdings' grasp. Late last night Toll's managing director, Paul Little, was at Australian Competition and Consumer Commission headquarters in Melbourne negotiating an agreement and, barring a last-minute hitch, an announcement giving the go-ahead is likely soon. It will then come down to price, and there is not much doubt Little will pay almost whatever it takes. He has to.
There were 125 sightings for the week which is one more than last week. Making a total for the year to date at 4910* sightings (* One weeks sightings missing in March) (Total sightings up to day 344 last year was 5833).
In a last-gasp bid to save the state's rail system, the Federal Government has offered Tasmania a $78 million rescue package.
Rail operator Pacific National would hand 780km of track back to the State Government under a plan mapped out by the Federal Government.
Toll's takeover battle for Patrick Corp claimed its first casualty yesterday, with the chief executive of the companies' joint venture rail business, Pacific National, being shown the door as Toll boss Paul Little anointed himself as head of the company.
After a day bizarre even by the recent standards of life inside Pacific National, Australia's biggest rail freight company is now without a chief executive, has been subject to a high-risk quasi-coup by one its shareholders, and could soon be in big trouble with rail safety regulators.
Tasmanians could be forgiven for wondering what on earth is happening behind the scenes in the continuing wrangle between the Lennon Government and the Federal Government over funding to fix the State's rail network.
Works have finished on the Ballarat rail corridor to Melbourne. The State Government yesterday evealed construction had been completed and confirmed driver training and testing on the line was underway.
New regulatory limits on Queensland Rail's revenue and capital expenditure risked undermining the unfolding multibillion-dollar expansion of the state's Bowen Basin coalfields, chief executive Bob Scheuber warned yesterday.
The announcement by the Australian government that it is willing to inject $78 million in capital funding to help save Tasmania's rail operations has been welcomed by the state’s rail workers.
After the Auckland Regional Transit Authority announced its plans for the redevelopment of Newmarket, the second busiest station on Auckland's metropolitan network, commuters and enthusiasts are unhappy that the station will be situated in a position where trains will need to reverse to get into the Waitakere line.
Last weekend (Sat 10-12-05) The first XRB class locomotive was tested at high speeds by Pacific National. The XRB Locomotive is a 3000 HP Slave Unit based on the design of the XR class Locomotive.
Supporters of the Barossa Bluebird tourist train are hoping changes to public liability insurance costs will help attract a financial backer to get the service running as soon as possible.
There are fears internal bickering at freight operator Pacific National may result in the company pulling out of Tasmania.
The takeover battle for Patrick Corp is about to get personal, with the company set to sue Toll Holdings chief Paul Little and director Mark Rowsthorn over allegations of misleading and deceptive conduct at their joint venture rail business Pacific National.
The welter of claims and counter-claims make it difficult to sort out just who's behaving badly in the spat between Toll and its takeover target, Patrick Corp, over their 50-50 owned rail joint venture, Pacific National.
Rail operator Pacific National says it will examine the details of yesterday's agreement between the Tasmanian and federal governments before deciding whether to contribute the $38 million needed to save that state's rail system.
Australia isks losing $12billion in export income through a massive expansion of the Pilbara iron ore district if the nation's peak competition body forces BHP Billiton to share its rail network.
Auckland rail passengers will benefit from a multi-million dollar package announced today by Finance Minister Michael Cullen and Transport Minister David Parker to upgrade the Auckland rail network.
The acrimonious relationship between Toll Holdings and takeover target Patrick Corp entered a new phase yesterday when Patrick formally advised it would launch a multi-million dollar damages claim against the Melbourne-based raider.
The cost of fixing Sydney's troubled rail network has increased to $1.5 billion, NSW Premier Morris Iemma says.
The plan to untangle CityRail's 14 lines in favour of five separate lines by 2010 was predicted to cost more than $1 billion when announced in 2003.
There were 139 sightings for the week which is 14 more than last week, not a bad week, with a total of 27 trains on Friday. Making a total for the year to date at 5049* sightings (* One weeks sightings missing in March) (Total sightings up to day 351 last year was 5871).
Toll Holdings managing director Paul Little says he will be "very disappointed" if his company does not wrap up its $4.6 billion takeover bid for Patrick Corp by February.
Transperth says it may be open to a proposal to run train services longer and have mini buses running from suburban train stations to get people home during the festive season.
TWO teenagers accused of being involved in a racist bashing on a train at Cronulla station have been granted conditional bail, but a 17-year-old boy who burnt an Australian flag at an RSL club will stay in jail.
THE amount of graffiti removed from trains in Sydney has quadrupled, prompting claims by the NSW Opposition that commuters are being forced to travel on "mobile ghettoes".
VANDALS have defaced the newly constructed $23 million Five Mates Crossing rail overpass at Gerogery.
The Five Mates Crossing sign on both sides of the overpass, opened in the past fortnight, has been blacked-out so instead of reading “Five Mates Crossing”, it now reads “Crossing”.
There were 137 sightings for the week which is only two less than last week, another good week.
Making a total for the year to date at 5186* sightings (* One weeks sightings missing in March) (Total sightings up to day 359 last year was 5968).
VICTORIA must make major improvements to its "crumbling" freight infrastructure if it is to cope with a predicted explosion in freight volumes over the next 15 years, an industry study says.