PACIFIC National has locked in a 10-year contract extension with Linfox to provide national linehaul rail freight services.
The contract renewal, announced on Monday (22 April) intends to cement a long-standing partnership between the two companies.
PacNat CEO Paul Scurrah said Pacific National, as Australia’s largest private rail freight operator, was honoured to continue the partnership with Linfox.
“With a consistent track record of delivering, an impressive operational footprint, a world class safety record and extensive rollingstock assets, including more than 180 main line locomotives and almost 2000 wagons dedicated to servicing our containerised business, Pacific National offers the most comprehensive intermodal rail service in the country,” he said.
Linfox Australia and New Zealand CEO Mark Mazurek said PacNat’s network, ability to scale freight services and investment pipeline would ensure Linfox stays on track to meet future growth and sustainability aspirations.
“Rail-based intermodal freight systems offer three times greater fuel efficiency than road transport, leading to significant reductions in greenhouse gas emissions,” Mr Mazurek said.
He said combining road services with rail transportation to every capital city and many regional locations supports Australian manufacturers, retailers and farmers amid ongoing international supply-chain challenges.
“Linfox and Pacific National have enjoyed a longstanding relationship that has stood the test of time and worked together effectively through the challenges of Covid-19 restrictions and network weather impacts to continue to deliver and move essential freight for Australian communities.
“By renewing our partnership, we have ensured Linfox can continue to provide cost effective and efficient freight forwarding solutions to our valued customers now and into the future.”
AFR has recently reported that 50% of PacNat is currently being offered for sale by shareholder Global Infrastructure Partners.
The other 50% of the company is held by the Canadian Pension Plan Investment Board, China’s CIC, Singapore sovereign wealth fund GIC, and the British Columbia Investment Management Corp.
