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KiwiRail Boosts Performance with $73M Surplus and 7% Volume Growth

3 hours ago | 37 views

KiwiRail has shown significant improvement, achieving a $73.4 million operating surplus and a 7% increase in volumes due to focused commercial discipline and upgraded rolling stock. Investments in modern locomotives, better maintenance funded by legislative changes, and improved infrastructure have enhanced schedule reliability and reduced disruptions from natural events. Additionally, Interislander maintained 100% reliability during peak periods, demonstrating the success of KiwiRail’s strategic focus on reliability, cost control, and asset renewal.

Tags: KiwiRail Winston Peters Suzanne Tindal New Zealand Dunedin Hillside Workshops Stadler locomotives Interislander Infrastructure Commission Rail Minister South Island