SYDNEY-based Babcock & Brown has acquired Swiss intermodal operator Crossrail AG, with all shares and staff transferred on January 1.

Crossrail was the brand name used since January 2004 for unaccompanied intermodal services operated by the Logistics & Freight Traffic business of Burgdorf-based Regionalverkehr Mittelland. This included five trains a week linking intermodal terminals at Duisburg in Germany, Wiler in Switzerland and Domodossola in Italy.

Crossrail AG was established on December 1 2005 to take over the operation, because the planned merger of RM with BLS L