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Re: WestRail and Freight Australia
- Subject: Re: WestRail and Freight Australia
- From: Railway Rasputin3 <james_ccj@my-deja.com>
- Date: Sat, 12 Aug 2000 01:59:08 GMT
- Newsgroups: aus.rail
- Organization: Deja.com - Before you buy.
- References: <39924cca$0$756$7f31c96c@news01.syd.optusnet.com.au> <39927cc8.31544827@24.192.1.17> <8mvfio$g60$1@nnrp1.deja.com> <39949967$0$761$7f31c96c@news01.syd.optusnet.com.au>
- Xref: bclass.spectrum.com.au aus.rail:15834
> Listen Fellas!
> You are barking up the wrong tree...[its over
there>>>>]
> Freight Australia are standing on their own.....They are valiantly
trying to
> do it all from here, with local Management.
> They are not borrowing from Rail America. So they are stretched, but
never
> need to worry that the bankroll is available to them if they need it.
> West Rail is not being bid for by Freight Victoria
> [trading as Freight Australia]
> Rail America is the bidder, and they would not be stupid enough to
pay $800
> million [which sounds like Court still plays with himself, to me!]
and then
> assett strip it for Victoria.
> My guess is that it will need to be very seperate, with its own
Management
> team, answering to US of A.
That rise a interesting question. If RA won the bid would Westrail
rename Freight Australia(with top manangers/staffs transfer to Victoria)
leave only branch office in WA? or would they operate with seperate
business?
--
Cheers
RR3
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Before you buy.