Rail First Asset Management provides its customers with high quality assets to utilise in their freight transportation operations or, for those with their own fleets, to supplement their fleet.
Why lease through Rail First Asset Management?
Our fleet of locomotives and wagons is the largest independently owned lease fleet in Australia, and our leased rollingstock model provides many advantages for customers including:
➢ Guaranteed supply and use of locomotives and wagons
➢ Cost certainty with fixed daily rates
➢ Term lengths aligned to operator end customer requirements
➢ Availability targets and penalties for failure to achieve
➢ Operating support through our 24×7 Help Desk and asset documentation
➢ Administration and engineering support for use, registration, and other government and Rail Infrastructure Manager requirements
➢ Access to higher tier / lower emissions locomotives to support your carbon and ESG objectives
Rail First Asset Management offers two different leasing options:
Wet Lease Option
Our most comprehensive lease program set up with regular rental rates and predictable maintenance costs:
➢ Guaranteed supply and use of locomotives and wagons
➢ Term lengths aligned to operator end customer requirements
➢ Rail First delivers scheduled maintenance and overhauls to ensure long term reliable assets
➢ Administration and engineering support for use, registration, and other government and RIM requirements
Dry Lease Option:
➢ Same guaranteed supply and long term flexibility
➢ Customer assumes responsibility for scheduled maintenance over the term of the contract
Within both leasing products, there are a range of different obligations and requirements that are shared between the customer and Rail First. These elements can be individually negotiated based on customer needs and operating location.
In addition to providing leases for available equipment, Rail First Asset Management is proud to offer Australia’s only domestic manufacturing and assembly of intermodal wagon equipment.
Our “Build to Leaseback” option provides:
➢ Access to new equipment and specifications with the benefit of flexible lease terms
➢ Delivery timeframes generally within 4 to 6 months (dependent on availability)
➢ Either Wet or Dry lease options for maintenance
➢ Co-branding opportunities.
➢ Certified Australian Made