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Intermodal freight terminal sold in Alice Springs

Thursday, 9 Aug 2012 ( #577 ) - Alice Springs, Northern Territory, Australia
Local News Story
The Tarcoola to Darwin rail line operated by Genesee and Wyoming Australia.
Global rail operator Genesee and Wyoming has purchased the intermodal freight terminal in Alice Springs from Asciano through its subsidiary Genesee & Wyoming Australia (GWA). Previously, GWA had leased the rail yard.

The sale, worth around $9.5 million, also includes the agreement that GWA will sell to Asciano certain assets in Cook, South Australia, including a fuel sales business.

The company says its purchase of the Alice Springs facility secures ownership of an important long-term asset on the Tarcoola to Darwin rail line that will continue to be used as a primary intermodal terminal serving customers in and around Alice Springs.

G&W owns and operates short line and regional freight railroads and provides railcar switching services in Australia, the United States, Canada, the Netherlands and Belgium.
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