Freight Rail

New CEO appointed to manage Moorebank Intermodal Company

Moorebank Intermodal Terminal. Graphic: MICL

James Baulderstone will take over as the new CEO of the Moorebank Intermodal Company for a five year term.

Baulderstone most recently comes from GFG Alliance Australia, the owner of the Whyalla Steelworks, where he was strategic projects director. He has previously held executive roles at Santos and BlueScope Steel and has 30 years of experience in commercial, corporate, finance, and legal roles.

The Moorebank Intermodal Company is the federal government-owned entity which facilitates the development of an intermodal terminal at Moorebank. Sydney Intermodal Terminal Alliance, a wholly owned subsidiary of Qube, is developing and will operate the terminal.

Finance Minister Mathias Cormann welcomed Baulderstone’s appointment.

“Baulderstone has extensive leadership experience and he will work with the Board to provide strong strategic direction to support the Moorebank Intermodal Terminal Precinct to progress from construction to a fully operational precinct,” said Cormann.

“The project is expected to deliver $11 billion in economic benefits over 30 years and to support 6,800 jobs in south-western Sydney once fully operational.”

Minister for Population, Cities and Urban Infrastructure Alan Tudge said that Baulderstone will work to move more freight via rail.

“We look forward to working closely with Baulderstone to deliver the Moorebank Precinct which will increase warehousing capacity in south‑west Sydney and promote road to rail uptake so we can help stop future congestion on Sydney’s arterial roads.”

Previous CEO Erin Flaherty will continue as Chair of the Moorebank Intermodal Company board.

In June, Qube announced that Woolworths would be a major tenant at the Moorebank site and will utilise the site’s direct connection to Port Botany to remove freight from roads. Woolworths follows Target as a significant tenant.