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According to this article just found, it was apparently Genessee & Wyoming that had the (almost) winning offer before it all fell apart....

Yesterday, Freight Link, which runs the Alice Springs to ...

As noted before the Asciano loss has little to do with PN or Patrick (other than some portion of restructring costs).

So far as I am aware, thats all there is to Asciano, PN and Patrick.

Ther ...

I might just as well ask where do you get the information from the PN was running at a loss? Since the publicly available figures say otherwise.

http://markets.theage.com.au/apps/qt/quote.ac?code= ...

Seems like our old mate Everald Compton wants to buy it.

INLAND rail link proponent Everald Compton has attacked the Howard government for setting the Adelaide-Darwin railway up for failure, as he ...

EBITDA is Earnings before interest, taxes, depreciation and amortization. A positive number here means the business is cash positive.

So where does the money come from to pay the interest?

Have ...

From Ascianos annual report (available on the web):

Patrick EBITDA* $339.6m
Pacifi c National EBITDA* $327.8m

EBITDA is Earnings before interest, taxes, depreciation and amortization. A posit ...

Because they have the cash flow to support it?

Where did you get that information from? Thats the sort of news that would have their share price heading up towards $20 a share if it where true.
...

Why have a rail and port operator taken on this debt?

Why did CBA, Westpac and NAB give them billions when they were in debt.

Because they have the cash flow to support it?

Important to reme ...

In my view there were good reasons why the following 2 rail projects were shelved:

1. Epping to Parramatta

This section of line was shelved when it was realised that sending a number of Hornsby ...

I hope they fix the seating arrangement shown on the last page of that pdf. As displayed any passengers sitting in these seats will get their legs bumped and feet trodden on every time someone g ...

Last I looked only the shells are being built in China (as a subcontract from Downer EDI Rail) with the fit out being done in Cardiff. The work done in China was to be done to Aus standards and under ...

Put the east side tracks back on the bridge. Stuff the road lobby.

Now theres a good idea

Could something like this work in the future? (fantasy?)

Expansions on it are:
Parramatta - Redfern tunnel (for Intercity / some Penrith trains).
Sydenham - Redfern extra tracks (clearways anyw ...

Better to put the "inland Railway" money into the coastal route anyway, since at least the freight intensity has a chance of being reasonable. I dont htink there is much chance the IR wwould ever attr ...

I was in Perth a few months ago, for the first time, and saw this multi use corridor. I really don't think such an idea would work here. I don't even know if it works in Perth? because people are goin ...