FreightLink, the owner of the $1.2 billion Adelaide to Darwin railway, has gone into administration after some debt holders blocked efforts to sell the company. As foreshadowed in The Australian ...

Add articles to your saved list and come back to them any time. IT WAS a case of third time lucky for the receivers of the failed owner of the Adelaide to Darwin railway - it has finally sold ...

Greenwich, Conn.-based Genesee & Wyoming Inc. (GWI) said Wednesday it has completed the acquisition of the assets of Australia’s FreightLink Pty Ltd., or FL (receivers and managers appointed), Asia ...

RECEIVERS have sold the financially-embattled Adelaide to Darwin railway line to a giant American railway company in a deal worth $334 million. The railway - opened amid much fanfare by the Howard ...

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I have always been one of those who strongly encouraged industry and investment across our economic sectors, whether banking, animal husbandry or otherwise, as a means of increasing output, lowering ...

June 9 (Reuters) - U.S. railroad operator Genesee & Wyoming Inc agreed to buy Australia's FreightLink for A$334 million (about $277.2 million) to expand its operations in the mineral-rich country.

June 9 (Reuters) - U.S. railroad operator Genesee & Wyoming Inc agreed to buy Australia's FreightLink for A$334 million (US$277.2 million) to expand its operations in the mineral-rich country, sending ...