Toll and DP World announce intermodal JV


The transport and stevedoring giants are joining forces to take containers to Villawood on rail

Toll and DP World announce intermodal JV
DP World and Toll have joined forces to reduce truck movements into and out of Port Botany.

 

Toll Group and DP World are planning a new joint venture (JV) in a combined effort to take trucks off inner Sydney streets.

The proposed joint venture – with equal shares owned by each partner – will connect a dedicated container staging zone at Port Botany to the intermodal freight terminal in Villawood, 25 kilometres west of Sydney.

Toll’s corporate affairs director Andrew Ethell says the deal has taken a long time to be negotiated but the two parties are now close to inking a final agreement.

Most of the rail line and warehousing infrastructure are already in place, but the rail shuttle operation will be run by the joint venture company.

Toll managing director Brian Kruger says the facility will take around 100,000 truck movements out of the central Sydney area.

"That’s 100,000 fewer trucks on the already-congested roads around the port and Sydney Airport," he says.

DP World managing director Paul Scurrah says the JV will leverage off the skills and assets of both partners, creating new efficiencies in the Sydney import-export supply chain.

"Importantly, the introduction of a new multi-user intermodal terminal in Western Sydney with a direct rail connection to DP World Australia’s staging facility next to the wharf will increase freight transport options for local importers and regional exporters," he says.

The project is expected to begin operations in 2017.

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