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V/Line |
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V/Line is a regional passenger train and coach service in Victoria, Australia. It was created after the split-up of Vic-Rail in 1983 and is currently wholly owned by the State Government of Victoria. V/Line operates to a total of 82 regional stations on 7 railway lines across Victoria. History
In 1999 V/Line Passenger and V/Line Freight were privatised separately. National Express acquired V/Line Passenger (now known simply as V/Line, although their official name remains V/Line Passenger Proprietary Limited), and V/Line Freight was acquired by Freight Victoria (later Freight Australia, now Pacific National). The V/Line Freight contract included a 45 year lease from the government of most regional track (passenger and freight), with responsibilities for trackwork, signalling and level crossings. The lease did not specify any minimum standards to be maintained. Access to passenger sections of track was granted to V/Line Passenger. Starting in 1999, the newly elected Bracks Labor Government began to spend hundreds of millions of dollars upgrading the passenger sections of track. In 2002 the Australian branch of National Express suffered a financial collapse, and the Government took back control of V/Line Passenger. Meanwhile, the leaseholder of the 'below rail' assets with competing interests in trucking, allowed some sections of track to deteriorate so much that by 2006, freight trains on parts of the Mildura line could only travel at a maximum speed of 20 km/h. Having to pay substantial access fees for use of the V/Line track it had upgraded, and also keen to upgrade other lines, the Victorian Government agreed in principle to purchase back the remainder of the 45 year lease of the under rail assets from Pacific National for 133.8 million dollars on 1 November 2006, just 15 minutes before their government ended until the next election. After the Labor Party regained power, the contract to end the lease and return the below rail monopoly to government hands was signed on 13 April 2007. Current Fleet) VLocity DMU ) N class locomotive with N type carriage set V/Line currently operates a number of DMUs/Railcars and locomotive-hauled trains. Railcars:
A further two VLocity units are also expected to be built, along with 14 new motorised trailer cars.''
N Carriage Sets
Total Carriages: 74 H Carriage Sets
Total Carriages: 55
Locomotive/Train Destinations) Southern Cross Station Melbourne
ReferencesSee alsoExternal links
A government corporation, government-owned corporation or government business enterprise is a legal entity created by a government to exercise some of the powers of the government. ..... Click the link for more information. Melbourne Victoria Location of Melbourne in Australia Population: • Density: 3,744,373 (2006 estimate) (2nd) 479. ..... Click the link for more information. Victoria Flag Coat of Arms Slogan or Nickname: "Garden State", "The Place to Be" Motto(s): "Peace and Prosperity" Other Australian states and territories Capital Melbourne Government Constitutional monarchy Governor David de Kretser ..... Click the link for more information. Anthem Advance Australia Fair [1] Capital Canberra Largest city Sydney ..... Click the link for more information. Industry (from Latin industrius, "diligent, industrious"), is the segment of economy concerned with production of goods. Industry began in its present form during the 1800s, aided by technological advances, and it has continued to develop to this day. ..... Click the link for more information. Revenue is a business term for the amount of money that a company receives from its activities in a given period, mostly from sales of products and/or services to customers. ..... Click the link for more information. Aud might refer to:
..... Click the link for more information. Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. Net income can be distributed among holders of common stock as a dividend or held by the firm as retained earnings. ..... Click the link for more information. Aud might refer to:
..... Click the link for more information. Employment is a contract between two parties, one being the employer and the other being the employee. An employee may be defined as: "A person in the service of another under any contract of hire, express or implied, oral or written, where the employer has ..... Click the link for more information. worldwide view. A holding company is a company that owns part, all, or a majority of other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself, rather its only ..... Click the link for more information. The Government of Victoria, under the Constitution of Australia, ceded certain legislative and judicial powers to the Commonwealth, but retained complete independence in all other areas. The Victorian Constitution says: "the Legislature of Victoria has full power and authority. ..... Click the link for more information. A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. ..... Click the link for more information. Rail transport is the transport of passengers and goods by means of wheeled vehicles specially designed to run along railways or railroads. Rail transport is part of the logistics chain, which facilitates the international trading and economic growth in most countries. ..... Click the link for more information. coach — also known, especially in the UK, as a railway carriage — is a passenger car designed for the conveyance of passengers by rail (the first such vehicles were, in fact, often road coaches mounted on frames equipped with railway wheels). ..... Click the link for more information. Victoria Flag Coat of Arms Slogan or Nickname: "Garden State", "The Place to Be" Motto(s): "Peace and Prosperity" Other Australian states and territories Capital Melbourne Government Constitutional monarchy Governor David de Kretser ..... Click the link for more information. Anthem Advance Australia Fair [1] Capital Canberra Largest city Sydney ..... Click the link for more information. Victorian Railways operated railways in the Australian state of Victoria from 1859 to 1983. The first railways in Victoria were private companies, but when these companies failed or defaulted, the Victorian Railways was established to take over their operations. ..... Click the link for more information. The Government of Victoria, under the Constitution of Australia, ceded certain legislative and judicial powers to the Commonwealth, but retained complete independence in all other areas. The Victorian Constitution says: "the Legislature of Victoria has full power and authority. ..... Click the link for more information. Victorian Railways operated railways in the Australian state of Victoria from 1859 to 1983. The first railways in Victoria were private companies, but when these companies failed or defaulted, the Victorian Railways was established to take over their operations. ..... Click the link for more information. Public Transport Corporation was a State Government of Victoria owned corporate body that operated passenger and freight trains, trams and bus services in Victoria, Australia. ..... Click the link for more information. Jeffrey Gibb Kennett AC (born 25 July, 1948), Australian politician, was the 43rd Premier of Victoria (6th October, 1992 to 20th October, 1999). He is also the current Chair of beyondblue (the National Depression Initiative) and President of the Hawthorn Football Club. ..... Click the link for more information. National Express Group plc (LSE: NEX ) is a UK-based transport group that operates airport, bus and rail services in the UK, the US and Canada, Australia, Spain, Portugal and Morocco and long-distance coach routes across Europe. ..... Click the link for more information. Freight Australia was a railway company in Australia. Initially known as Freight Victoria, it operated rail freight services and controlled non-urban rail track in the state of Victoria, later expanding into freight haulage in other states. ..... Click the link for more information. Pacific National Pty Ltd Subsidiary Founded 2002 Headquarters North Sydney, New South Wales, Australia Industry Rail Products Bulk Services, Intermodal, Network and Operation Services Parent Asciano Limited Website www.pacificnational.com. ..... Click the link for more information. Stephen Philip Bracks (better known as Steve Bracks) (born 15 October, 1954), Australian politician, was the 44th Premier of Victoria, holding the position for eight years, from 1999 to 2007. He was born in Ballarat, where his family owns a fashion business. ..... Click the link for more information. National Express Group plc (LSE: NEX ) is a UK-based transport group that operates airport, bus and rail services in the UK, the US and Canada, Australia, Spain, Portugal and Morocco and long-distance coach routes across Europe. ..... Click the link for more information. The Mildura line (also known as the Yelta line) is a railway line in Victoria, Australia. Passenger services ceased on the line in 1993, but freight services are operated on the line by Pacific National. ..... Click the link for more information. Pacific National Pty Ltd Subsidiary Founded 2002 Headquarters North Sydney, New South Wales, Australia Industry Rail Products Bulk Services, Intermodal, Network and Operation Services Parent Asciano Limited Website www.pacificnational.com. ..... Click the link for more information. monopoly (from Greek monos, one + polein, to sell) is defined as a persistent market situation where there is only one provider of a product or service, in other words a firm that has no competitors in its industry. ..... Click the link for more information. This article is copied from an article on Wikipedia® - the free encyclopedia created and edited by online user community. The text was not checked or edited by anyone on our staff. Although the vast majority of the Wikipedia® encyclopedia articles provide accurate and timely information please do not assume the accuracy of any particular article. This article is distributed under the terms of GNU Free Documentation License. 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