Pacific National
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| Subsidiary | |
| Industry | Rail transport |
| Predecessor |
FreightCorp National Rail |
| Founded | February 2002 |
| Headquarters | Melbourne, Australia |
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Area served
|
Mainland Australia |
| Services | Bulk Services, Intermodal, Network and Operation Services |
| Revenue | $2.378 billion (June 2013) |
| Total assets | 596 locomotives and 12,875 wagons (June 2012) |
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Number of employees
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over 4,000 |
| Parent | Australian Logistics Acquisition Investments Pty Limited |
| Website | www.pacificnational.com.au |
Pacific National is one of Australia's largest rail freight businesses. Formed in February 2002 as a joint venture between Patrick Corporation and Toll Holdings, which formed the holding company Asciano Limited. It is now a subsidiary of Australian Logistics Acquisition Investments Pty Limited.
In February 2002 National Rail's freight operations and rollingstock (owned by the Federal, New South Wales and Victorian Governments) were combined with FreightCorp (owned by the New South Wales Government) and sold to a joint venture between Patrick Corporation and Toll Holdings as Pacific National.
In February 2004 Pacific National purchased Australian Transport Network, operator of ATN Access and AN Tasrail. In August 2004 Pacific National purchased Freight Australia, giving Pacific National control of the Victorian non-urban rail track, excluding the interstate network which is controlled by the Australian Rail Track Corporation.
As part of the sale conditions the Australian Competition and Consumer Commission attached special conditions to the sale to ensure competition in the rail freight industry. The company was required to provide a 'starter pack' of locomotives, wagons, train paths, and freight terminals for a third party rail operator on the east-west route across the Nullarbor Plain. To fulfill this Pacific National sold nine refurbished G class locomotives to competitor SCT Logistics to allow it to operate its own services
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Wikipedia