UGL secures $108 million rail freight order

The contract is also for the maintenance of a further 300 wagons.
UGL managing director and chief executive Richard Leupen said the orders underpinned the company’s position as Australia’s leading provider of rolling stock products and services to the freight rail sector and augmented recent contract wins in the passenger rail sector.
“We are delighted to be partnering with leading organisations such as Xstrata Coal. UGL has worked with Xstrata Coal for many years and we continue to be instrumental in helping them achieve their commercial objectives,” Leupen said.
“The manufacturing and 10-year maintenance program with Xstrata Coal is a particularly pleasing development as it illustrates UGL’s ability to provide a total solution for our customers, and at the same time, lock in longer-term, predictable revenue streams.
“UGL’s rail business continues to benefit from increased investment in Australia’s freight and bulk commodities markets. Given our expertise and experience in rolling stock design, manufacture and maintenance, we’re well-placed to support this investment.”
UGL’s rail business has a “strong pipeline” of tendering opportunity in the Australian market and is assessing other opportunities in new and existing international markets, headed.
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