No Subject

"Tasrail has made a profit for the first time in 127 years after it switched
to private ownership in a $22 million deal late last year.  

Tasrail general managewr David Crispin said yesterday the transport company
had made an operating profit of $1.2 million in its first seven months. 

Tasrail's owner, Austrlaia Transport Network, bought the ailing railway
business form the Federal Government last November as part of the $95
million sale of Australian National Railways.

...

Mr Cripsin said Tasrail now employed 197 people and had struck deals with
several new customers, hauling rock, cement, caol, pulp logs and zinc
concnetrates.

In May it paid $7.2 million for Pasminco Ltd's Emu Bay Railway, running from
Roseberry to Burnie.  

"ATN has so far spent $7 million on new locomotives, wagons and cement
hoppers, upgraded bridges and track, installed crossing signals and a new
communication system."

Full article by David Carrigg, including TWU (lack of) response - refer to
The Mercury  http://www.news.com.au