U. S. freight rail operator, Genesee & Wyoming Inc. has decided to purchase FreightLink, the proprietor and operator of Australia's Darwin to Adelaide railway, for supposedly A$334 million in cash and existing debt services.

The rail service that mainly subsists to offer transport for the resource businesses in SA and NT, went into running last year.

On Wednesday, in a statement released, GWR said that its Australian branch that has managed the above rail services of FreightLink, from the time of its commencement in 2004, hopes to make important cost and capital effectiveness from merging FreightLink's services with its own.

Since November 2008, FreightLink has been in receivership, and holds the allowance to run the north-south rail link all the way through the centre of Australia till 2054.

GWR said that the takeover is anticipated to seal in the fourth quarter of 2010, awaiting Government sanction and other normal closing conditions.

Genessee and Wyoming runs provincial freight networks across four diverse nations and makes a revenue of over $US600 million ($A735 million) every year.