It was formerly the junction of the cross country branch line to Maffra and Stratford (closed between 1987–1995),[3] and has historically been the Gippsland region's principal operational location.

Electrification of the Gippsland line to Traralgon was completed between 1954–1956, to support freight traffic in the Latrobe Valley.

Freight traffic declined as demand decreased, and Traralgon station was eventually de-electrified on 2 July 1987.

[2][4] In 1990, the signal box and auxiliary frame at the station were abolished, as well as the up end connections to the former locomotive depot sidings, and the former dock platform to Maffra.

[8][9] Platform 1: Platform 2: Latrobe Valley Bus Lines operates four routes via Traralgon station, under contract to Public Transport Victoria: South Coast Bus operates one route to and from Traralgon station, under contract to Public Transport Victoria: Turnbulls operates one route via Traralgon station, under contract to Public Transport Victoria: Warragul Bus Lines operates two routes via Traralgon station, under contract to Public Transport Victoria: