Intermodal Terminal Company (ITC) is Australia's only privately funded independent owner and operator of Intermodal Terminals. ITC is a platform company, wholly owned by Aware Super, one of Australia's leading superannuation funds. ITC aims to build a national portfolio of terminals with its first being the $400m development of the Somerton Intermodal Terminal (SIT) in Melbourne. SIT is a multi-purpose terminal and will be the largest Intermodal Terminal ever built in Australia; the most feasible endpoint for Inland Rail in Melbourne and the northern part of the Federal and State Government's Port Rail Shuttle Network. SIT will have 1 million TEUs of capacity in phase 1.