QR appoints new face of intermodal businesses

QR pushes for stake in $1.2 billion containerised freight market, appointing former Swire Cold Storage boss to lead Melbourne operations

Queensland Rail is pushing for a stake in the $1.2 billion containerised rail freight services market, announcing former Swire Cold Storage Chief Executive Rick Woods as the head of its Melbourne operations.

Woods will act as QR’s group general manager responsible for "leading and building the intermodal business" the company says.

QR freight turns over $650 million in annual revenue and has $700 million worth of assets as well as 1200 employees.

"Rick has vast experience in executive roles at organisations including Swire and Shell International where spent 15 years in Australian and offshore roles," QR Freight Executive General Manager Ken Lewsey says.

The announcement of Woods’ appointment is the latest in a string of changes to the executive framework of the company since Lance Hockridge took up the position of CEO at QR in late 2007.

The intermodal business operates rail linehaul services between Cairns and Pert and is currently in the midst of a $198 million capital investment program, including the expansion of its fleet upgrades of freight terminals.

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