Aurizon Holdings Limited, formerly QR National Limited, is a rail freight operator.

FORBES: Aurizon Holdings

Nevertheless, Pacific National's arrival as a tough, competitive rail-freight operator has put the trucking companies on their toes.

ECONOMIST: Face value

Through a strategy of acquisition and diversification, he has transformed the group into Europe's biggest rail-freight operator, Germany's biggest bus operator, and the world's number two in airfreight and number three in sea-freight.

ECONOMIST: Face value