TASMANIA'S government-owed port and rail companies both recorded losses last year, according to their annual reports.
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But each say they are confident of stronger results in the years ahead.
TasRail posted a $51 million loss in 2013-14 - its result $4 million worse than the previous financial year.
TasPorts recorded a $168,000 loss over the same time period - a significant improvement on a $1.4 million loss recorded the year before.
State-owned ports enjoyed an 11.2 per cent rise in freight volumes over the period, with the upturn coming after eight consecutive years of modest or negative growth.
TasPorts said boosts in exported forestry and mineral materials were largely responsible for the increase.
Woodchips far outweighed all other export commodities leaving Tasmania, while general cargo outshone other imports into the state.
Bell Bay enjoyed the strongest upsurge in freight volumes, recording a 61.4 per cent lift in freight in and out of the port.
Hobart and Burnie were also buoyed by solid export volumes, with each site bouncing back into positive growth.
Devonport and King Island both slipped backwards, with the latter experiencing a 28 per cent slide in total freight volumes.
The figure was primarily due to a downturn in exports from the island.
Revaluation of the government-owned company's property, plant and equipment reflected strongly on the company's balance sheet.
Two of TasRail's major mining customers suspended activities during the reporting period, contributing significantly to the company's heavy loss.
But chairman Bob Annells said increased revenues and tight cost controls saw the company post a better than expected result.
Mr Annells said before taxes and interest, TasRail ended up $1 million ahead of the year before.
TasRail has bought 17 new locomotives - set to arrive next year - and 191 new wagons were made operational in April.
In June this year all southern rail operations were moved from Macquarie Point to the Brighton Transport Hub.