Rail First is Australia’s leading provider of rollingstock solutions to the rail industry, owning the country’s third largest intermodal fleet of more than 1,300 locomotives and wagons.

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Sector
Status
Location
Financial close
Ownership

THE BACKGROUND

Rail First Asset Management (‘Rail First’) is Australia’s leading provider of rolling stock solutions to the rail industry owning the country’s third largest intermodal fleet of more than 1,300 locomotives and wagons. Rail First provides a full-service offering including locomotive and wagon leasing and rolling stock overhaul and repair. It has long-term lease agreements with rail operators and is Australia’s only domestic manufacturer of intermodal rail wagons, providing the unique ability to meet individual customer requirements with a ‘build to lease’ offering.

Rail First has an important role to play in enabling the modal shift from road to rail, meaning sustainability is embedded at the core of the business.

Number of locomotives and wagons

Over 1,300

Assets under Management (AUD)

$450m

SDGS SUPPORTED