Freight Hub to Set Wagga Wagga on Growth Path
18 July 2014
Joint release with:
Federal Member for Riverina
Parliamentary Secretary to the Minister for Finance
Australian company Traxion was today announced as the preferred proponent to directly negotiate the development of the Riverina Intermodal Freight and Logistics Hub.
Deputy Prime Minister and Minister for Infrastructure and Regional Development Warren Truss said the Australian Government's $14.5 million contribution towards the $54 million project was a strategic investment in economic and business growth for the region and the nation.
“The Riverina Intermodal Freight and Logistics Hub will provide a cost effective and efficient intermodal operation for the Wagga Wagga region and encourage a shift from road to rail for Australia's rapidly growing freight task,” Mr Truss said.
“The new freight hub will deliver highly accessible facilities, offer connectivity with most of Australia's major cities and provide good road, rail and air connections.
“In addition to creating long term employment opportunities and addressing existing road and rail safety issues, it will improve import and export services to Port Botany, Port of Melbourne and other ports, thereby helping to reduce the cost of logistics in the supply chain.”
Federal Member for Riverina Michael McCormack welcomed the announcement.
“Traxion's core focus is to develop and manage independent, open access intermodal terminals and supporting infrastructure,” Mr McCormack said.
“The management team has a long and proud history in the Australian railway industry, and their involvement means the right infrastructure can be delivered at the right time.”
The project includes the construction of a rail and infrastructure package, an intermodal container terminal, agricultural bulk goods precinct, a rail related development precinct, and enabling road infrastructure to capitalise on Wagga Wagga's easy access to the Sturt and Olympic Highways.
The Riverina Intermodal Freight and Logistics Hub will be the only intermodal terminal on the main southern railway line able to load and unload trains of the current 1,800 metre maximum length.