is the largest rail freight
company in Australia
and was formerly owned by the Queensland
Government. It was created as an independent company on 1 July 2010 when transport and logistics company QR Limited was split into two companies. Queensland Rail
is responsible for the state’s passenger operations, regional track and support services, and remains owned by the Government. QR National owns the balance of the QR business – above-rail coal and freight services, the export coal network in Queensland and rollingstock manufacturing and track maintenance services. QR National was privatised by the Government through an initial public offering and the company was listed on the Australian Securities Exchange (ASX) on November 22 2010.
The QR National brand was established in the 2004/2005 financial year when QR’s three freight business streams – coal, bulk and containerised services, were brought under one banner. It was formed with the charter to operate freight services in Queensland and around Australia, expanding though the winning of contracts and the acquisition
of other companies.
The company grew out of QR's Coal and Freight Services Group, along with QR subsidiary Interail
. In late June 2005, rail operator QR National announced it had acquired the assets of the CRT Group
, which became a separate operating entity of QR National on 1 July 2005. This was... Read More