El Zorro demise?

 
  JimYarin Chief Commissioner

Location: Adelaide, South Australia

I have just heard El Zorro will probably lose the Iluka contract to PN.

El Zorro have already lost the AWB contract as mentioned in a separate thread.

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  Onelongwhistle Junior Train Controller




I have just heard El Zorro will probably lose the Iluka contract to PN.

El Zorro have already lost the AWB contract as mentioned in a separate thread.

"JimYarin"


EL Borro will still be around they are a specialised operator and there is a market for that.
Maybe just doing odds and ends but they will still be around.

  SamTheMan79 Assistant Commissioner

Location: Geelong

El Zorro on the front foot-

http://www.weeklytimesnow.com.au/article/2013/01/29/558295_business-news.html

RAIL freight operator El Zorro Transport has sought to reassure its customers and backers the business is financially secure.

It follows rumours circulating that El Zorro Transport was in financial strife and owed industry groups substantial amounts of money, including millions of dollars to VicTrack.

In a statement to? The Weekly Times,? El Zorro Transport managing director Ray Evans said there had been a number of business issues which had challenged the company during the past few months. Mr Evans said these included the US drought ramping up the Australian grain export program, the Wettenhall Group transport operation entering into administration and the collapse of a bridge at Boggabri in northern NSW hampering train operations to Newcastle. "El Zorro has been hurt financially by the above,'' he said. "El Zorro continues to work with our financiers, customers and suppliers. "I am confident that El Zorro can continue to be a commercial and viable rail operator delivering much needed competition to rural Australia.

''VicTrack digressed from its normal practice of not commenting on its finances, saying rumours it was owed millions of dollars were "not right''.

  speedemon08 Mary

Location: I think by now you should have figured it out
I have just heard El Zorro will probably lose the Iluka contract to PN.

El Zorro have already lost the AWB contract as mentioned in a separate thread.
JimYarin
I have heard the same, from people who work for both companies.
  michaelgreenhill Administrator That's Numberwang!

Location: Melbourne
El Zorro on the front foot-

http://www.weeklytimesnow.com.au/article/2013/01/29/558295_business-news.html

RAIL freight operator El Zorro Transport has sought to reassure its customers and backers the business is financially secure.

It follows rumours circulating that El Zorro Transport was in financial strife and owed industry groups substantial amounts of money, including millions of dollars to VicTrack.

In a statement to? The Weekly Times,? El Zorro Transport managing director Ray Evans said there had been a number of business issues which had challenged the company during the past few months. Mr Evans said these included the US drought ramping up the Australian grain export program, the Wettenhall Group transport operation entering into administration and the collapse of a bridge at Boggabri in northern NSW hampering train operations to Newcastle. "El Zorro has been hurt financially by the above,'' he said. "El Zorro continues to work with our financiers, customers and suppliers. "I am confident that El Zorro can continue to be a commercial and viable rail operator delivering much needed competition to rural Australia.

''VicTrack digressed from its normal practice of not commenting on its finances, saying rumours it was owed millions of dollars were "not right''.
SamTheMan79
Sounds like journos have been reading Railpage again!
  bevans Site Admin

Location: Melbourne, Australia

Doesn't everyone?  Smile
Regards
Brian

  jcsaws63 Locomotive Driver

Location: 200Mts from the 535k post
I was over at Junee on the weekend. The El-zorro office has moved or closed. Well it's not were it was last year.
  Steve82 Junior Train Controller





I was over at Junee on the weekend. The El-zorro office has moved or closed. Well it's not were it was last year.

"jcsaws63"


It has moved across the road to the back of the Loftus. They moved there just before christmas last year.

  themetptc Junior Train Controller

Location: Ballarat

Word from multiple rail industry sources is that El Zorro currently:

*Mod edit* - Post edited by MattAustin to remove allegations of unlawful behaviour.


  • Are about to be taken over by either Qube or QR National

Be interesting to see if the last one ends up happening, would seem to be good for rail competition and business if it does to add some heavy weights of rail freight into Victoria.

  t320 Junior Train Controller

Seems the rumor is very strong has been stated Aurizon are looking at doing grain haulage in Vic and NSW.
  seb2351 Chief Commissioner

Location: Sydney



Seems the rumor is very strong has been stated Aurizon are looking at doing grain haulage in Vic and NSW.

"t320"


Don't QR/Aurizon haul grain in NSW already? They have advertised a few time for people to work at Cootamundra...

  Pressman Spirit of the Vine

Location: Wherever the Tin Chook or Qantas takes me

In most places on this wide world of ours, millions of companies bid for work, they win some, they lose some. Some companies survive, some don't.

Funny about that reality of commercial life ain't it.

  bingley hall Minister for Railways

Location: Last train to Skaville




  • Are about to be taken over by either Qube or QR National

Be interesting to see if the last one ends up happening, would seem to be good for rail competition and business if it does to add some heavy weights of rail freight into Victoria.

"themetptc"

You can't be serious? Qube and Aurizon wouldn't give a tinker's toss about some of the more marginal traffics that El Zorro deal with.

When the traffic is lost to road will you be signing the praises of the big boys then?

  Sir Thomas Bent Minister for Railways

Location: Banned
Sources or calling bollocks.
  bevans Site Admin

Location: Melbourne, Australia

Smaller more nimble players in any industry have a very important role to play.  Keeping the big boys honest.

Regards
Brian

  Barrington Womble Photo Nazi

Location: Exit...Stage Left!
Smaller more nimble players in any industry have a very important role to play.  Keeping the big boys honest.
Regards
Brian
bevans
So far, I'm yet to see that in this case. Look at what happened to IRA in NSW.
  alcoworldseries Deputy Commissioner

Location: Auburn
True Barrington, and if the big boys feel insecure that just get out the cheque book and buy out the smaller (more honest) competitor, remember that PN substantively bought out Freight Australia for it's expertise handling smaller specialist contracts................then instantly stamped the PN way on those contracts. There are many other instances as well.
  fzr560 Chief Train Controller




True Barrington, and if the big boys feel insecure that just get out the cheque book and buy out the smaller (more honest) competitor, remember that PN substantively bought out Freight Australia for it's expertise handling smaller specialist contracts................then instantly stamped the PN way on those contracts. There are many other instances as well.
"alcoworldseries"



Depends on your point of view. Was FAs parent company desperate for cash and happy to throw the business at any company that had some money? Bag PN if you have to, but FA was sold for some reason. I'd love to see logs, Friskies and all the rest on rail but they aren't and last time I checked PN seemed to be making a decent profit without them. Servicing customers, big and small requires a substantial and ongoing investment. Does this sound like Australia in 2013?

  t320 Junior Train Controller

Funny how you talk about FAs parent it is now owned by G&W in America.
  alcoworldseries Deputy Commissioner

Location: Auburn
Also ironic 320 that GWI was one of the unsuccessful bidders for V/Line, one wonders how things would stand if a few things had ccurred in different sequences.
But this is wandering from the thread of  El Zorro's demise (or otherwise).
  speedemon08 Mary

Location: I think by now you should have figured it out
It is confirmed that El Zorro had lost the Iluka contract to PN, G531-536-537 headed west a couple of days ago. Several crew from El Zorro around that area have moved to PN as well.
  bevans Site Admin

Location: Melbourne, Australia
It is confirmed that El Zorro had lost the Iluka contract to PN, G530-531-537 headed west a couple of days ago. Several crew from El Zorro around that area have moved to PN as well.
speedemon08

Is this a Hamilton based crew?

Regards
Brian
  speedemon08 Mary

Location: I think by now you should have figured it out
Is this a Hamilton based crew?

Regards
Brian
bevans
Probably, cant find where the information went.
  bevans Site Admin

Location: Melbourne, Australia
G531-G536 are now at Portland.  G537 is at Murtoa so looks like PN are mobilising their resources for the Illuka traffic.

Does PN have a depot at Portland or Murtoa?

Regards
Brian
  Galron Chief Commissioner

Location: Werribee, Vic
reference was posted on facebook. On the face of it, the end may be shortly to arrive for El Zorro, after much debate. Perhaps loss of recent contracts has been the kicker.

A search on the ASIC website for EL Zorro returns, among other things references to document 028506603 "Notification of Application to Wind Up Company Under S. 459p, 462 or 464 (519G)" dated 21/5 and document 028259811 "Notice of Resignation or Removal of Auditor Resignation Of Auditor (315A)"


Also posted that their AWB1 grain rake is stabled until further notice. One would imagine the others are as well.

Sad day perhaps for a lot of rail workers and their families.

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