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Vulcan Foundry
Assistant Commissioner
Joined: Jan 24, 2003
Last Visited: Apr 18, 2006
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Posted: Wed Feb 25, 2004 12:15 pm
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I noticed in today's Herald Sun a story again reflecting Toll's expression of interest through Pacific National in Tasrail's Freight operations throughout the state.
http://www.heraldsun.news.com.au/common/story_page/0,5478,8782574%255E664,00.html
The future is looking brighter for rail freight in Tasmania which should ensure it's long term survival as a viable means of transport.
"To err is human. To blame somebody else for it shows managerial potential"
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Vulcan Foundry
Assistant Commissioner
Joined: Jan 24, 2003
Last Visited: Apr 18, 2006
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Posted: Wed Feb 25, 2004 7:28 pm
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Pacific National has now confirmed that they have purchased Tasrail and have leased trackage for 50 years.
"To err is human. To blame somebody else for it shows managerial potential"
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realmakoym8
Chief Commissioner
Joined: Jan 13, 2004
Last Visited: Jul 18, 2007
Location: Melbourne
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Posted: Wed Feb 25, 2004 7:44 pm
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| Quote: | Toll eyes Tasmania rail freight
Geoff Easdown
Herald Sun
25feb04
PACIFIC National plans to swallow yet another state railway.
Toll Holdings managing director Paul Little yesterday disclosed the Toll-Patrick Corp joint rail subsidiary was in talks to buy freight operations in Tasmania.
Toll gained a 27.5 per cent windfall stake in the island's rail freight system when New Zealand's Tranz Rail Holdings was added last year to its various list of subsidiaries.
News of the partners' plans to take over Hobart-to-Devonport, Northwest Coast and Launceston freight routes surfaced during the release yesterday of Toll's half-year results.
The diversified road, shipping and rail freight conglomerate reported a 51 per cent increase in after-tax earnings of $85.2 million, up from $56 million for the same period last year.
The result equated to earnings of 26 a share against 19 a share in the December half of 2002. Sales also rose 30 per cent to $1.61 billion.
After declaring that Toll was on track for its eighth straight record profit and that acquisitions and new contracts would fuel profit growth in the second half, Mr Little touched on the Pacific National plan for Tasmania.
"It would make a logical extension of operations for Pacific National to not only acquire the 27 per cent that Tranz Rail currently owns but also the other approximately two-thirds," Mr Little said.
He told the Herald Sun later that the partners agreed the TasRail network would sit "quite nicely" with Pacific National.
He said Pacific National would better co-ordinate freight movements with its existing Bass Strait shipping services once the Tasmanian freight system was owned by the company.
Mr Little said that sale talks, begun several months ago, were nearing completion.
Two years ago Mr Little and Patrick Corp chief Chris Corrigan grabbed National Rail and FreightCorp rail systems for $1.2 billion from State and Federal Governments and made what were moribund loss makers profitable.
Yesterday's figures showed that Pacific National's contribution to Toll's earnings rose 34 per cent to $17.3 million in the six months to December 31.
"Rail operators in Australia need to be rationalised further," Mr Little said. "Pacific National would clearly like to be part of the rationalisation process."
In the past few months, Toll has signed a $900 million, 10-year contract to provide freight services to the defence forces, with partner Tenix, won contracts to transport gas for BOC and condensate for Origin Energy, and signed a five-year shipping agreement with Coles Myer.
Toll shares closed 38c higher at $9.42 yesterday after a 31 per cent rise in the interim dividend to 8.5c a share fully franked was announced.
The registration date has been set at March 5 with cheques to be mailed on March 26.
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There is only one way any building or object or structure could collapse strait down. You would have to remove the resistence below it.
The force of the building pushing up is greater than that of the part of the building falling down.
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KngtRider
Chief Commissioner
Joined: Jan 16, 2003
Last Visited: Nov 1, 2008
Location: http://www.nitroware.net
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Posted: Wed Feb 25, 2004 8:02 pm
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Surplus 48s to Tasmania ? 
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Vulcan Foundry
Assistant Commissioner
Joined: Jan 24, 2003
Last Visited: Apr 18, 2006
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Posted: Wed Feb 25, 2004 10:41 pm
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| KngtRider wrote: | | Surplus 48s to Tasmania ? |
That would bring Tasrail again back to the 1980's when they operated the 830 class during the AN operational period. They weren't a particular popular locomotive at the time with the crews and were soon replaced with the 1300 class from Queensland.
That said, Tasrail does need more reliable power than its current fleet as the GM powered DQ's seem to have frequent problems and Tasrail falls back onto it's ageing EE powered engines all too often.
"To err is human. To blame somebody else for it shows managerial potential"
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DavidB
Site Admin
Joined: Jan 11, 2003
Last Visited: Jan 25, 2007
Location: Canberra
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Posted: Thu Feb 26, 2004 8:35 am
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According to today's Launceston Examiner, Pacific National has bought the parent company ATN. The sale includes Tasrail's 39 locos, 668 wagons and the 50 year lease on 780km of track.
Does this mean ATN Access is also now part of PN?
Cheers
David
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mark carter
Assistant Commissioner
Joined: Jun 20, 2003
Last Visited: Feb 28, 2006
Location: Adelaide
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Posted: Thu Feb 26, 2004 9:13 am
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| DavidB wrote: | According to today's Launceston Examiner, Pacific National has bought the parent company ATN. The sale includes Tasrail's 39 locos, 668 wagons and the 50 year lease on 780km of track.
Does this mean ATN Access is also now part of PN?
Cheers
David |
From one of the stories today:
| Quote: | The sale includes Tasrail's 39 locomotives and 668 wagons, some
additional rolling stock servicing grain customers in southern New South
Wales and Victoria, and the 50-year lease of Tasmania's 780 km of rail
track. |
Cheers, Mark
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KngtRider
Chief Commissioner
Joined: Jan 16, 2003
Last Visited: Nov 1, 2008
Location: http://www.nitroware.net
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Vulcan Foundry
Assistant Commissioner
Joined: Jan 24, 2003
Last Visited: Apr 18, 2006
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Posted: Thu Feb 26, 2004 10:11 am
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| KngtRider wrote: | Nothing in the CN website news, at least yet.
http://www.cn.ca/companyinfo/history/en_AboutWisconsinCentral.shtml
Mentions NZ and TAS but not ATN Access for NSW/VIC !!! Heh, I wonder if it was an oversight or theres a reason for it, ie ATN Access LTD assumes other railroads. |
Geez..its all a bit confusing isn't it !. I though that Pacific National had bought just Tasrail, Not ATN Access ?
I think perhaps the Examiner's reporter is off track as Tasrail was 27% owned by ATN who saw to the day to day running of the separate operation.
"To err is human. To blame somebody else for it shows managerial potential"
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KngtRider
Chief Commissioner
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Last Visited: Nov 1, 2008
Location: http://www.nitroware.net
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Posted: Thu Feb 26, 2004 10:40 am
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Well thats what CN/WC say, 1/3 which close enough to 27% 
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Later that year, WCTC launched a further foray on the international scene when it formed a consortium to acquire Tasrail, a 300-mile line on Tasmania, Australia's island state. WCTC formed a new subsidiary, Australian Transport Network Limited, to hold its one-third interest in the business and operate the railroad. Six months later, ATN acquired another railroad on Tasmania, the Emu Bay Railway.
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mjja
Sir Nigel Gresley
Joined: Jan 13, 2003
Last Visited: Nov 26, 2008
Location: Mount Waverley, Melbourne
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Posted: Thu Feb 26, 2004 11:25 am
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| mark carter wrote: | | DavidB wrote: | According to today's Launceston Examiner, Pacific National has bought the parent company ATN. The sale includes Tasrail's 39 locos, 668 wagons and the 50 year lease on 780km of track.
Does this mean ATN Access is also now part of PN?
Cheers
David |
From one of the stories today:
| Quote: | The sale includes Tasrail's 39 locomotives and 668 wagons, some
additional rolling stock servicing grain customers in southern New South
Wales and Victoria, and the 50-year lease of Tasmania's 780 km of rail
track. |
Cheers, Mark |
Farewell to another livery. Ls in PN livery... I wonder what that will look like...
Happy Gunzelling and remember, "Go by rail!"
Michael Angelico
President, Smart Passengers Inc
(My opinions are my own unless specifically stated.)
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Vulcan Foundry
Assistant Commissioner
Joined: Jan 24, 2003
Last Visited: Apr 18, 2006
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Posted: Thu Feb 26, 2004 11:28 am
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| mjja wrote: | | mark carter wrote: | | DavidB wrote: | According to today's Launceston Examiner, Pacific National has bought the parent company ATN. The sale includes Tasrail's 39 locos, 668 wagons and the 50 year lease on 780km of track.
Does this mean ATN Access is also now part of PN?
Cheers
David |
From one of the stories today:
| Quote: | The sale includes Tasrail's 39 locomotives and 668 wagons, some
additional rolling stock servicing grain customers in southern New South
Wales and Victoria, and the 50-year lease of Tasmania's 780 km of rail
track. |
Cheers, Mark |
Farewell to another livery. Ls in PN livery... I wonder what that will look like... |
Terrible. The gold and maroon had character but the dark blue of PN ?
As a side note..its great to see more posts in the Tasmanian section of the forum. 
"To err is human. To blame somebody else for it shows managerial potential"
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KngtRider
Chief Commissioner
Joined: Jan 16, 2003
Last Visited: Nov 1, 2008
Location: http://www.nitroware.net
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Posted: Thu Feb 26, 2004 11:55 am
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In my opionon, PN will try to put 'their' rollingstock in TAS, eg as I mentioned 48s. Influcene the running in TAS even though they have expessed their confidence in the current managment team.
Just like Interail have been doing, theyd rather use their own than purcahse another operator/another operators surplus
Sidenote they could also use it as a staging ground to position rollingstock for NG running on the mainland ! Stuff gets sent down from Queensland in the 80s and in the 00s the reverse is done !
830s in PN livery, ugh. 482 class :p
Let me know when we can start calling PN the borg.
Modified/Fictional repaints
http://brad825.fotopic.net/c84946_61.html < Ls
http://brad825.fotopic.net/c61995_61.html < Ls
http://brad825.fotopic.net/c84477_121.html <Cs, but L are very close except the nose , CN and Omnitrax are there as parent of ATN (were !)
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Vulcan Foundry
Assistant Commissioner
Joined: Jan 24, 2003
Last Visited: Apr 18, 2006
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Posted: Thu Feb 26, 2004 12:52 pm
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| KngtRider wrote: | In my opionon, PN will try to put 'their' rollingstock in TAS, eg as I mentioned 48s. Influcene the running in TAS even though they have expessed their confidence in the current managment team.
Just like Interail have been doing, theyd rather use their own than purcahse another operator/another operators surplus
Sidenote they could also use it as a staging ground to position rollingstock for NG running on the mainland ! Stuff gets sent down from Queensland in the 80s and in the 00s the reverse is done !
830s in PN livery, ugh. 482 class :p
Let me know when we can start calling PN the borg.
Modified/Fictional repaints
http://brad825.fotopic.net/c84946_61.html < Ls
http://brad825.fotopic.net/c61995_61.html < Ls
http://brad825.fotopic.net/c84477_121.html <Cs, but L are very close except the nose , CN and Omnitrax are there as parent of ATN (were !)
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They'll have to firstly get rid of those exhaust stacks as well as re-gauge them all before they could run here. The 830 class had all their stacks removed because of the low clearance problems through our two tunnels on the mainline between Devonport and Hobart.
PN will probably transfer the 48s here to cover any shortfall with the existing fleet. Its just that I'm a bit sentimental when it comes to the current English Electrics that still operate here <g>.
Yes...they seem to be akin to the Borg lately. They are pushing for national rail rationalisation and I'm sure this won't be the end of it. The Queensland operation for PN will start in the near future as well so it will certainly be interesting to see what effect this has on QR's operation.
"To err is human. To blame somebody else for it shows managerial potential"
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KngtRider
Chief Commissioner
Joined: Jan 16, 2003
Last Visited: Nov 1, 2008
Location: http://www.nitroware.net
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Posted: Thu Feb 26, 2004 1:05 pm
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Would a exhuast scrubber be out of gauge as well? Several refurbished 48s have these attachments in lieu of the standard stack
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