Genesee & Wyoming (GWI) has completed the acquisition of FreightLink, Asia Pacific Transport (APT) and the other APT joint venture sellers for A$332m (US$319m).
FreightLink is the owner and operator of the 1,400-mile Tarcoola to Darwin railway, linking the port of Darwin to the interstate rail network in South Australia.
The Adelaide to Darwin railway is a strategic asset in the development of the mining industry in the Northern Territory and South Australia, and the acquisition is expected to boost the rail network in the region, according to Genesee & Wyoming Australia.
GWI owns and operates short line and regional freight railroads in the US, Canada, Australia and the Netherlands.
