| Pacific National Pty Ltd | |
|---|---|
| Type | Subsidiary |
| Founded | 2002 |
| Headquarters | North Sydney, New South Wales, |
| Industry | Rail |
| Products | Bulk Services, Intermodal, Network and Operation Services |
| Parent | Asciano Limited |
| Website | www.pacificnational.com.au |
Pacific National is one of Australia's largest private rail freight businesses. A subsidiary, in business matters is an entity that is controlled by a bigger and more powerful entity See also 2002 (disambiguation Year 2002 ( MMII) was a Common year starting on Tuesday of the Gregorian calendar. For a topic outline on this subject see List of basic Australia topics. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" "Railroad" and "Railway" both redirect here For other uses see Railroad (disambiguation. In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need A holding company is a company that owns part all or a majority of other companies' outstanding Stock. Asciano Limited ( is an Australian transport infrastructure and operations company A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages For a topic outline on this subject see List of basic Australia topics. Originally a joint venture between Patrick Corporation and Toll Holdings; it is now a wholly owned subsidiary of Asciano Limited following the restructure of Toll Holdings. A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together Patrick Corporation Ltd was an Australian publicly listed Logistics conglomerate TOLL () ( properly TOLL Holdings Limited, is Australia 's largest Transport company based in Melbourne, Victoria A subsidiary, in business matters is an entity that is controlled by a bigger and more powerful entity Asciano Limited ( is an Australian transport infrastructure and operations company TOLL () ( properly TOLL Holdings Limited, is Australia 's largest Transport company based in Melbourne, Victoria
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In February 2002, the mainly Australian Government-owned National Rail Corporation's freight operations and rollingstock were combined with the New South Wales Government-owned FreightCorp and sold to Toll Holdings and Patrick Corporation as Pacific National. The NR class are an Australian diesel electric locomotives introduced by National Rail in 1996 See also 2002 (disambiguation Year 2002 ( MMII) was a Common year starting on Tuesday of the Gregorian calendar. This article describes the federal government of Australia See Australian governments for other jurisdictions The National Rail Corporation was a rail operator in Australia. TOLL () ( properly TOLL Holdings Limited, is Australia 's largest Transport company based in Melbourne, Victoria Patrick Corporation Ltd was an Australian publicly listed Logistics conglomerate
In 2004, Pacific National purchased Australian Transport Network Limited, operator of TasRail. "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Tasrail was the brand name of the Australian National Railways Commission 's Tasmanian rail operations that it had absorbed from the former Tasmanian Government In the same year, Pacific National also acquired Freight Australia, operator of freight services in Victoria, giving Pacific National control of the Victorian non-urban rail track, excluding the interstate network, which is controlled by the Australian Rail Track Corporation. Freight Australia was a railway company in Australia. Initially known as Freight Victoria, it operated rail freight services and controlled non-urban rail track in Australian Rail Track Corporation is a federal government owned corporation established in 1997 that owns leases maintains and controls the majority of main line
As part of the sale conditions the Australian Competition and Consumer Commission (ACCC) attached special conditions to the sale to ensure competition in the rail freight industry. The Australian Competition and Consumer Commission (ACCC is an independent authority of the Government of Australia. [1] The company was required to provide a 'starter pack' of locomotives, wagons, train paths, and freight terminals for a third part rail operator on the east-west route across the Nullarbor Plain. Pacific National has since leased competitor Specialised Container Transport with 9 refurbished G class diesel locomotives for use on SCT's trains, and is also required to continue the 'hook and pull' contract with SCT until their own locomotives arrive. Specialised Container Transport (SCT is an interstate transport company in Australia, with facilities in Melbourne, Adelaide, Parkes The V/Line G class mainline diesel electric locomotives built by Clyde Engineering from 1984 the last entering service in December 1989 [2]
In November 2006 Pacific National entered into an in-principle agreement to sell the remainder of its Victorian rail lease of the network back to the Victorian Government for $133. 8m, during the caretaker period following the issuing of the writs for the 25 November 2006 Victorian State election. In Politics, a caretaker government rules temporarily A caretaker government is often set up following a War until stable Democratic rule can be restored Events 1034 - Máel Coluim mac Cináeda, King of Scots dies Donnchad, the [3] The sale was completed on May 7, 2007, with state government owned V/Line managing the track. V/Line is a not for profit regional passenger train and coach service in Victoria, Australia. [4]
In 2006 launched a hostile take-over of Patrick Corporation which was successful and saw Toll Holdings receive 100% ownership of Pacific National. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Patrick Corporation Ltd was an Australian publicly listed Logistics conglomerate TOLL () ( properly TOLL Holdings Limited, is Australia 's largest Transport company based in Melbourne, Victoria In 2007 Toll Holdings was restructured into two separately ASX listed companies: Toll Holdings and Asciano Limited. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. TOLL () ( properly TOLL Holdings Limited, is Australia 's largest Transport company based in Melbourne, Victoria The Australian Securities Exchange ( ASX) is the primary Stock exchange in Australia. TOLL () ( properly TOLL Holdings Limited, is Australia 's largest Transport company based in Melbourne, Victoria Asciano Limited ( is an Australian transport infrastructure and operations company Part of this restructure, Pacific National became a wholly owned subsidiary of Asciano Limited. A subsidiary, in business matters is an entity that is controlled by a bigger and more powerful entity Asciano Limited ( is an Australian transport infrastructure and operations company [5]
In September, 2005 Pacific National angered the Tasmanian State Government and the Australian Federal Government as it threatened to 'withdraw all services' unless the governments paid a $100 million subsidy. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. The form of the Government of Tasmania is prescribed in its Constitution which dates from 1856 although it has been amended many times since then This article describes the federal government of Australia See Australian governments for other jurisdictions In Economics, a subsidy (also known as a subvention is a form of financial assistance paid to a business or economic sector [6] This alarmed people of Tasmania because a pullout of rail services would result in thousands more trucks on already busy roads. Tasmania is an Australian island and state of the same name It is located south of the eastern side of the Continent, being separated from it by Bass Initially the governments refused to act on the issue claiming they would not be "held to mercy" by Pacific National, owned by Toll and Patrick Corporation, "which are extremely profitable multi-national companies". TOLL () ( properly TOLL Holdings Limited, is Australia 's largest Transport company based in Melbourne, Victoria Patrick Corporation Ltd was an Australian publicly listed Logistics conglomerate However, state infrastructure minister Bryan Green and federal counterpart transport minister Warren Truss announced a $120 million rescue package hoping the board will continue operation in the state. Bryan Alexander Green (born 30 June 1957, Wollongong) is a Tasmanian Labor politician and member of the Tasmanian House of Assembly Warren Errol Truss (born 8 October 1948) is an Australian politician and leader of the National Party in the Commonwealth Parliament [7]. Though Pacific National was accused of bullying at the time, rail services in Tasmania have never been profitable and this was the reason the public freight rail service in Tasmania was sold to Pacific National. Tasmania is an Australian island and state of the same name It is located south of the eastern side of the Continent, being separated from it by Bass Tasmania is an Australian island and state of the same name It is located south of the eastern side of the Continent, being separated from it by Bass
In December 2007 Pacific National announced plans to sell or close its grain transport and Portlink rural container business operations in Victoria, selling or closing Patrick's intermodal freight business in Tasmania, and downsizing to a bare minimum Pacific National's grain operations across New South Wales. [8] The decision has been criticised as it will force grain growers to use higher cost road transport to transport the annual grain harvest from rural silos to the ports. [9] The decision has seen many commentators accuse Pacific National of only acquiring the operations of Freight Australia in 2004 for the purposes of asset stripping and eliminating completion in rail freight. Freight Australia was a railway company in Australia. Initially known as Freight Victoria, it operated rail freight services and controlled non-urban rail track in "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Asset stripping involves selling the Assets of a business individually at a profit [10][11]
Operating in all states and the Northern Territory, the company operates some 1,000 locomotives and 10,200 wagons over 100 different sites. Services include bulk freight (coal, grain, steel, ores), intermodal containers (domestic and export), and specialised services such as 'hook and pull' for long-distance passenger trains. Steel is an Alloy consisting mostly of Iron, with a Carbon content between 0
Pacific National has five separate operating divisions, which operate as separate companies for accounting reasons,[12] and often are unwilling to share locomotives with other divisions. The divisions are:[13]
The Pacific National steel contract was renewed with BlueScope Steel and OneSteel in 2006 for $1bn, making it the largest ever freight rail contract in Australia. BlueScope Steel is a flat product Steel producer with operations in Australia, New Zealand, Asia, the Pacific and North America OneSteel is an Australian-based mining ore processing and steel manufacturing company specialising in steel-long products for the construction mining transport and agricultural industries The deal involves haulage of about 3 million tonnes of steel over seven years. [14] Pacific National has intermodal freight facilities at the Brisbane Freight Terminal in Queensland, the Melbourne Freight Terminal in Victoria, the Sydney Freight Terminal in New South Wales, and the Kewdale Freight Terminal in Western Australia. Intermodal freight transport involves the transportation of freight in a container or Vehicle, using multiple modes of Transportation ( Ownership and operators Freight traffic in Victoria is divided into two main segments interstate freight on the Standard gauge, and intrastate freight on broad Kewdale Freight Terminal is a large intermodal rail facility in the Perth suburb of Kewdale, Western Australia.
Pacific National operates a wide variety of locomotives and rollingstock acquired from predecessors. These include:
Rural and Bulk:
Intermodal:
Coal:
Queensland:
Tasmania: