FreightCorp
| File:44240 FRBlue broadmeadow loco 1990.jpg 44240 at Broadmeadow Locomotive Depot |
|
| State owned corporation overview | |
|---|---|
| Formed | 16 January 1989 |
| Preceding State owned corporation | |
| Dissolved | 31 January 2002 |
| Superseding agency | |
| Jurisdiction | New South Wales |
| Headquarters | Parramatta |
| Minister responsible | |
| Parent State owned corporation | State Rail Authority |
| Key document |
|
FreightCorp was a rail operator owned by the Government of New South Wales that operated freight services from January 1989 until privatised in August 2002.
Contents
History
In January 1989, the freight operations of the State Rail Authority were transferred to Freight Rail pursuant to the Transport Administration Act, 1988 (NSW).[1]
On 1 July 1996, Freight Rail was corporatised.[2][3] On 24 October 1996, Freight Rail was relaunched as FreightCorp.[4]
On 1 February 2002, along with National Rail, FreightCorp was sold to a joint venture between Patrick Corporation and Toll Holdings as Pacific National.[5][6]
Operations
When established in 1989, Freight Rail was responsible for the operation of all rail freight services in New South Wales. It was also responsible for providing locomotives to haul passenger services for CityRail and CountryLink. Following the opening up of the New South Wales network to other operators, it began to face competition from other operators. Interstate services were transferred to National Rail in the mid-1990s. In 1999, it began to operate coal trains in South Australia on the Leigh Creek to Stirling North line to the Northern Power Station, Port Augusta.[7]
Fleet
Freight Rail inherited all of the State Rail Authority's locomotive fleet. In February 1992, it awarded contracts for fifty-eight 82 class and twenty-nine 90 class locomotives. These allowed it to withdraw most of the 422, 44, 442, 45 and 49 class locomotives. After experimenting with a green and yellow livery, a dark blue, yellow and white livery was introduced in 1991.
References
- ↑ Freight Rail New South Wales State Records
- ↑ "Freight Rail Corporation's Organisational Structure" Railway Digest September 1996 page 10
- ↑ FreightCorp New South Wales State Records
- ↑ "FreightCorp Launched" Railway Digest November 1996 page 7
- ↑ "FreightCorp for sale with National Rail" Railway Digest October 2000 page 17
- ↑ Freightcorp and National Rail Corporation sold to National Rail Consortium for one billion dollars ABC News 31 January 2002
- ↑ "Freight Carriers Move into New Markets" Railway Digest January 1999 page 9
