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CFCL Australia

Industry Rail Asset Leasing
Founded November 1998
Headquarters Millers Point
Key people
Ian Gibbs (CEO)
Parent Chicago Freight Car Leasing Company (51%)
Marubeni Corporation (49%)
Subsidiaries CF Rail Services
Website www.cfcla.com.au

CFCL Australia (CFCLA) is an Australian locomotive and rolling stock leasing company operating in the rail freight market. CFCLA leases assets to a number of private rail operators in the local rail industry, predominantly on the defined standard gauge interstate network.

Though primarily based in New South Wales, CFCLA’s assets can be found operating in most Australian states and with all major train operating companies. It has rolling stock on both long term lease to these companies as well as assets that are available for spot hire. It is owned by Chicago Freight Car Leasing Company and Marubeni Corporation

CFCL Australia was established in 1998, by the American Chicago Freight Car Leasing Company. Its first contract was for the supply of a small fleet of radio controlled, automated ballast hoppers to Westrail.

The first locomotives acquired were 13 members of the EL class from Australian National in November 1998. In 2000, it diversified into wagons.

In March 2009, the Marubeni Corporation purchased a 49% stake in CFCLA. In November 2012, CFCLA unveiled its first intrastructure train in the Pilbara region of Western Australia. As at October 2014, it had locomotives operating construction trains on the Roy Hill line and on the Hamersley & Robe River railway.

In September 2010, CFCLA took out a lease on the Goulburn Railway Workshops to maintain both its locomotive and wagon fleets with the facility named the Australian Horse Power Service Centre. As well as maintaining its own fleet, Chicago Freight Car Leasing Australia also perform maintenance for other operators including Qube Logistics. It also maintains locomotives at Islington Railway Workshops in Adelaide.


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