RollingStock Leasing Solutions

Smart, Scalable, and Cost-Effective Rail Leasing

Rail First offers Australia’s most extensive and flexible rail leasing solutions, giving businesses the rolling stock they need—without the capital burden of ownership. With the largest independent lease fleet of locomotives and wagons, we help businesses move freight efficiently, reliably, and cost-effectively.

Rail First Freight rolling stock Australia

Why Choose Rail First

Guaranteed Availability & Reliability

With 80+ locomotives and 1,400+ wagons, we ensure access to the right rolling stock, exactly when you need it.

Flexible Terms for Maximum Efficiency

Choose lease terms for operational flexibility & long-term contracts for stability and cost control.

End-to-End Support & Maintenance

Our dedicated servicing hubs in Adelaide and Goulburn ensure your fleet is always in peak condition, reducing downtime and increasing operational efficiency.

A Sustainable & Future-Focused Fleet

We invest in fuel-efficient, low-emission locomotives to help you meet ESG and sustainability targets, while our locally manufactured wagons reduce supply chain risks.

National Reach, Local Support

With key facilities in Adelaide, Goulburn, and Sydney, we provide rapid support and maintenance nationwide.

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Tailored Leasing Options

We offer two leasing models to suit different operational needs:

Wet Lease (Full-Service Leasing)

All-inclusive solution – Rail First manages servicing, overhauls, and compliance
Predictable costs with fixed rates and maintenance built in
Guaranteed supply of high-performance rolling stock
Ideal for businesses seeking a fully managed rail solution

Dry Lease (Asset-Only Leasing)

Greater control over fleet management
Long-term leasing for stable, scalable operations
Perfect for companies with established rail maintenance capabilities

Super Dry Lease

Full control over parts, repairs, maintenance and overhaul of leased assets

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About Us

Rail First is Australia’s only domestic manufacturer of intermodal wagons, meaning we can offer custom-built solutions with the flexibility of leasing. Our Build-to-Leaseback program allows customers to access new, fit-for-purpose wagons while benefiting from lease-based cost structures.

Faster delivery timelines – custom rolling stock delivered in as little as 4–6 months
Custom specifications with the flexibility of lease agreements and Co-branding opportunities
Certified Australian-made with full compliance to safety and quality standards

Reliable

Trusted by Australia’s Largest Industries

We partner with leading grain producers, mining companies, and intermodal logistics providers to deliver efficient, scalable rail solutions.

Let’s Move Australia Forward

If you’re looking for a reliable rail leasing partner, get in touch today.


📞 Call Us: +61 2 8965 0000
📩 Email: info@railfirst.com.au

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    Let’s Move Australia Forward

    📍 Head Office: Sydney, with servicing & repair hubs in Adelaide & Goulburn

    📞 Call Us: +61 2 8965 0000
    📩 Email: info@railfirst.com.au