THE nation’s largest rail freight group QR National Limited yesterday announced a proposal to change the company’s name to Aurizon Limited.
Shareholders will be asked to approve the name change at the Company’s Annual General Meeting (AGM) in Brisbane in November .
QR National Managing Director & CEO Lance Hockridge said the name change was the logical next step in the company’s transformation to becoming a world-class operator.
The new name is a combination of Australia and Horizon. It conveys the geographical scope of our expanding operations, as well as the extraordinary growth opportunities that are on the horizon for the company.
Mr Hockridge said the use of the “QR” prefix had been critical to the success of QR National’s structural separation from Queensland Rail and the subsequent listing on the ASX in 2010, however significant confusion had persisted among stakeholders of the two organisations.
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