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TasRail Chief Executive Damien White said the study highlights the nde lyin enefits f sin ail to the community and individual businesses. “One of TasRail’s important competitive advantages is to help industries strengthen their social licences by moving freight by rail rather than by road. It’s providing vital social, environmental and ec n mic enefits, said hite e the ast fi e yea s, the Tasmanian and Australian Governments have provided the funds to rejuvenate the state’s rail system, which they clearly recognise as a critical part of Tasmania’s transport infrastructure.” The data revealed that the use of rail freight in Tasmania rather than

road freight saved around $7 million in road accident costs; $1 million in environmental costs; $9 million in road maintenance costs; and up to $9 million in the operating costs of business and industry.

MOViNG FORWaRD As White states, the rail industry in Tasmania had endured a very chequered past, but TasRail is committed to being a State-owned company that all Tasmanians can and should be proud of. “TasRail is literally the backbone of the State’s integrated freight network. It carries the lion’s share of the contestable freight task, and it is now well poised to help facilitate further economic benefits for the State,” he says. 43

Profile for Business Coverage

Australasian Business Coverage Issue 15  

Australasian Business Coverage Issue 15