Rail freight operator Aurizon has announced the closure of its Forrestfield terminal by the end of the year, as part of a national restructure that will result in the loss of 250 jobs.
Brisbane-based Aurizon said today it would close all of its intermodal operations outside Queensland.
In addition, it has agreed to sell its Queensland intermodal business to a consortium of Linfox and Pacific National, while its Acacia Ridge terminal in Brisbane will be sold to Pacific National.
The total payment for both assets is $220 million.
Intermodal is a containerised rail and road freight haulage business for retailers, wholesalers and freight forwarders.
The non-Queensland business includes the Brisbane to Melbourne and Sydney to Perth routes, termina…
Read the full article at: https://www.businessnews.com.au/article/Aurizon-to-close-Forrestfield-terminal