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KiwiRail

Status quo a no go for KiwiRail freight, closure rejected

Status quo a no go for KiwiRail freight, closure rejected
Wellington, July 9 NZPA - State-owned KiwiRail's freight business will become insolvent if its current situation continues, the Government has been advised.

Lyttelton Port buys land in Woolston

Lyttelton Port buys land in Woolston
Wellington, July 1 NZPA - Lyttelton Port of Christchurch (LPC) has purchased 7.3 hectare of industrial land adjacent to its CityDepot site in Woolston. The port did not disclose the purchase price but said it was a multi-million dollar transaction.

$750m kick-start for KiwiRail

$750m kick-start for KiwiRail
Wellington, May 18 NZPA - The Government has committed $250 million in Thursday's budget towards strengthening KiwiRail, with another $500m to be added in the following two years, but improvements to the backbone of the operation are likely to come at the cost of some minor rail routes.

KiwiRail spending commitment brings mixed reaction

KiwiRail spending commitment brings mixed reaction
Wellington, May 18 NZPA - A three-year, $750 million commitment by the Government to strengthen KiwiRail is not enough in comparison to the huge amount already committed to roading, says Labour's transport spokesman Darren Hughes.

KiwiRail confirms it is not bidding to build Auckland trains

KiwiRail confirms it is not bidding to build Auckland trains
Wellington, May 12 NZPA - State-owned KiwiRail confirmed today that it will not bid to build $500 million worth of new electric trains for Auckland, prompting the Rail and Maritime Transport Union to call on Prime Minister John Key to intervene.

KiwiRail tender would be "a step too far" - Joyce

KiwiRail tender would be "a step too far" - Joyce
Feds pse Q for 0400 Wellington, May 4 NZPA - Transport Minister Steven Joyce says he is leaving it up to KiwiRail to decide whether to bid for building Auckland's new electric railcars but he thinks putting in a tender would be "a step too far".

Bolger removed from KiwiRail Chair

Bolger removed from KiwiRail Chair
Wellington, March 30 NZPA - Former National Prime Minister Jim Bolger is to be removed as KiwiRail chairman, State Owned Enterprises Minister Simon Power confirmed today. Wellington company director John Spencer has been appointed chair from July, replacing Mr Bolger.

Mothballing Under-Used Rail Lines A Bad Move - Unions

Mothballing Under-Used Rail Lines A Bad Move - Unions
Wellington, March 5 NZPA - A railway workers union is concerned that if the Government does mothball under-used rail lines it will be very hard to ever reopen them.

North Island Rail Lines Could Be Mothballed

North Island Rail Lines Could Be Mothballed
Wellington, March 5 NZPA - The Government is thinking about mothballing KiwiRail's northern Wairarapa and Napier to Gisborne rail lines as the struggling rail operator looks to cut costs.

Power Failure Delays Commuters

Power Failure Delays Commuters
Wellington, Feb 15 NZPA - Commuters waited for up to an hour in trains this morning after a power fault stopped them coming into Wellington Railway Station.

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