M-Tram
 |
|
|
|
| Industry | Tram operator |
|---|---|
| Predecessor | Public Transport Corporation |
| Successor | Yarra Trams |
| Founded | 1 October 1997 |
| Defunct | 18 April 2004 |
| Headquarters | Melbourne |
|
Area served
|
Melbourne |
| Parent | National Express |
| Website | www.mtram.com.au |
M>Tram was a tram operator in Melbourne, Australia. Formed in October 1997 as Swanston Trams, a business unit of the Public Transport Corporation, it was privatised in August 1999 becoming a subsidiary of National Express. In December 2002 National Express handed the franchise in, with the State Government taking over until negotiations were concluded for Yarra Trams to take over in April 2004.
On 1 October 1997 in preparation for privatisation, the Public Transport Corporation's tram operations were split into two business units, Swanston Trams and Yarra Trams.
National Express successfully bid to take over the Swanston Trams services from 29 August 1999. National Express were also awarded the Bayside Trains franchise and V/Line concession.
In October 2001 Swanston Trams was rebranded as M>Tram. After an attempted sale of the franchise to Yarra Trams failed, National Express handed back the franchise in December 2002, having been unable to renegotiate financial terms with the State Government.
KPMG were appointed to operate the business on behalf of the State Government. In May 2003 the State Government announced it would establish a single company to operate both networks, and was negotiating with Yarra Trams (who operated the other half of the network) to operate this entity. In February 2004 an agreement was reached, and the networks were reunited on 18 April 2004.
The M>Tram network was focused on the north-south tram routes in Melbourne, running 17 routes along Swanston, Elizabeth and William Streets though the CBD and then into the suburbs as well as cross-suburban routes.
...
Wikipedia