Brookfield Rail has won the corporate excellence and innovation award at the 2014 Australasian Rail Industry Awards, after undergoing a significant business transformation over the last three years.
Accepting the award in Melbourne last night, Brookfield Rail chief executive officer Paul Larsen said the win was a testament to the company’s outstanding achievements in the field of corporate excellence and innovation.
“Brookfield Rail has experienced a period of rapid growth since 2011, both in terms of infrastructure investment and the development of our people,” he said.
“I am pleased that we have been able to harness this growth into ensuring Brookfield Rail is a thriving and profitable business that delivers direct financial benefits to our customers and the economy of Western Australia.”
ARA chief executive officer Bryan Nye congratulated Brookfield Rail for winning the award from a strong field of nominees.
“Brookfield Rail was a clear standout in the way it has delivered significant investment in infrastructure, while also advancing supply chain optimism, project financing and people development,” Mr Nye said.
Brookfield Rail is the manager and operator of WA’s 5,500-kilometres open access, multi-user rail freight network extending throughout the southern half of the state.
Following privatisation in 2000, Brookfield Rail was awarded the exclusive long-term lease from the state government to manage its rail freight network.
As the only rail freight network in the region, Brookfield Rail’s network serves as a crucial transport link providing access to markets for minerals and grain throughout the region’s six government-owned ports.
Tonnages transported on the rail network have increased by about 113 per cent since privatisation, reaching more than 71 million tonnes (net) in 2013.
This has enabled customer and industry growth and facilitated direct royalty revenue and indirect economic benefits for WA.
