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Does Queensland Rail make a profit?

Does Queensland Rail make a profit?

As of the financial year of 2019, in Australia, Queensland rail had a consolidated revenue of approximately 2.1 billion Australian dollars. This was an increase from the previous year’s consolidated revenue.

How many employees does Qld train have?

6,520June 2017
Queensland Rail/Number of employees

Is QR government owned?

Queensland Rail (QR) is a railway operator in Queensland, Australia. Owned by the Queensland Government, it operates local and long-distance passenger services, as well as owning and maintaining approximately 6,600 kilometres of track and related infrastructure.

How much is Queensland Rail worth?

Queensland Rail employs more than 7,300 people (headcount) and has total assets valued at $7.8 billion. Queensland Rail’s network extends more than 6,600 kilometres across the state.

Is Queensland Rail owned by government?

On 3 May 2013, Queensland Rail was established as a Statutory Authority in accordance with the Queensland Rail Transit Authority Act 2013 (QRTA Act). Queensland Rail Limited ceased being a Government Owned Corporation from this date and became a wholly-owned subsidiary of the Statutory Authority.

Who is the CEO of Queensland Rail?

Nick Easy (Apr 3, 2017–)
Queensland Rail/CEO

Who owns QR?

DENSO WAVE
In 1994, DENSO WAVE (then a division of DENSO CORPORATION) announced the release of its QR Code. The QR in the name stands for quick response, expressing the development concept for the code, whose focus was placed on high-speed reading.

Who owns QR National?

In February 2019, after permission from the Federal Court, Aurizon’s intermodal and trucking business was acquired by Linfox for A$7.3 million….Aurizon.

Formerly QR National
Key people Chairman: Tim Poole CEO: Andrew Harding
Products Coal, bulk, and containerised freight

How many kilometres of track does Queensland Rail have?

Number of employees. Queensland Rail, also known as QR, is a railway operator in Queensland, Australia. Owned by the Queensland Government, it operates suburban and long-distance passenger services, as well as owning and maintaining approximately 6,600 kilometres of track.

How many people live in the State of Queensland?

The estimated resident population as at 31 December 2020 was 5,194,879 persons, released by the ABS publication Australian Demographic Statistics. More information can be found in the Population growth, Queensland information brief on the Queensland Government Statistician’s Office website. 85,82 82 83,83 86 80

Where are the rail lines in South East Queensland?

QR operates urban and interurban rail and bus services throughout South East Queensland as part of the TransLink network. Rail services operate on twelve lines; Beenleigh, Caboolture, Cleveland, Doomben, Exhibition, Ferny Grove, Gold Coast, Ipswich-Rosewood, Redcliffe Peninsula, Shorncliffe, Springfield and Sunshine Coast.

When did QR National take over Queensland Rail?

In June 2009 the Queensland Government announced the privatisation of Queensland Rail’s freight business. This resulted in Queensland Rail’s freight assets being transferred to QR National (now Aurizon) from 1 July 2010.