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Is Queensland Rail up for sale?

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Gazza Chief Train Controller   Joined: Jan 13, 2003
Last Visited: Nov 13, 2008
Location: Gold Coast


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Posted: Sun Apr 20, 2008 11:04 pm
Very interesting article in the Courier Mail
http://www.news.com.au/couriermail/story/0,23739,23561549-3122,00.html



insert witty signature here............................
 
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Controller Deputy Commissioner   Joined: Sep 04, 2004
Last Visited: Nov 20, 2008
Location: Port Hedland W.A.


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Posted: Sun Apr 20, 2008 11:45 pm
I don't think QR is up for sale and there would be any plans to sell it.

As a business, QR like any other business, must keep up with the leaders, otherwise it will be left behind and slowly disappear.

From what I know about QR and from what I've seen of their acquisitions throughout the rest of Australia, I would say that QR is a very "go seeker" type of company that anyone should be proud of.

Unlike other State Government Railways, QR has not buckled and sold off to private enterprise, instead they have taken private railways face on and beaten them and I am sure that Toll will not find it easy taking business away from QR in the mineral traffic.

My railway career with QR started from 1967 until mid 1990 when I travelled to the other side of our island to the iron ore business and even during those times, I was very proud to be part of QR seeing the changes from steam to diesel to electric traction and seeing the workmanship that came out of the Ipswich Workshops.

When I was leaving QR, they were getting very involved in outside consultancy work to other railways nationally and internationally and this continues to this present day.

Although I cannot see the sale of QR happening in the near future and if it did occur, I would be very disappointed with the current shareholders of the organisation in doing so. The other states of Australia could take a leaf out of the Queensland Government in how to manage and retain their state rail systems in entirety.



All gave some, Some gave all
 
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bingley hall Chief Commissioner   Joined: Nov 09, 2005
Last Visited: Nov 20, 2008
Location: gone fishin


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Posted: Mon Apr 21, 2008 10:41 am
QR is currently being restructured in such a way that should the decision be taken to privatise certain business units within QR, then it could be done so fairly easily.

QR has repeatedly said that it is not up for sale, but for some time has said it would would consider a strategic partnerhsip or partial sale to a third party.

I don't exactly see many key logistics players falling over themselves to take up these latter options.

Bing



Life is just a bowl of All Bran...you wake up every morning and it's there
 
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MelbourneCity Chief Commissioner   Joined: Jan 22, 2003
Last Visited: Nov 20, 2008
Location: Melbourne


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Posted: Mon Apr 21, 2008 5:47 pm
QR is not currently for sale and there has been no rhetoric from current owners - the Government of Queensland - indicating a sale is on the agenda any time soon.

Personally - in the next 5 years, parts of QR probably will be sold off. Passenger will probably remain well within government hands.  
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bingley hall Chief Commissioner   Joined: Nov 09, 2005
Last Visited: Nov 20, 2008
Location: gone fishin


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Posted: Mon Apr 21, 2008 11:48 pm
MelbourneCity wrote:
QR is not currently for sale and there has been no rhetoric from current owners....


Sorry Anna...of course we should have checked with you first Rolling Eyes

Bing



Life is just a bowl of All Bran...you wake up every morning and it's there
 
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nutbagg Assistant Commissioner   Joined: Feb 11, 2007
Last Visited: Nov 18, 2008
Location: In Willy Wonka's Chocolate Lake


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Posted: Tue Apr 22, 2008 1:09 am
You'll never stop the pollies tripping over themselves in the rush for some fast cash to spend.
Think of all that pork barrelling they could do for the next election with those billions. Laughing



Mate, if that loco pulls as hard as you do, it'd move anything.
I'd still rather have an ALCo.
 
s
903 Chief Commissioner   Joined: Apr 22, 2005
Last Visited: Nov 17, 2008
Location: Perth WA


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Posted: Fri May 02, 2008 2:18 pm
http://www.tandlnews.com.au/news/article/IWNVABRHRN.html



Experience, something you gain just after you needed it.

http://903rail.fotopic.net/

"ACTIVE" HVTR Member
 
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