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Infrastructure
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KiwiRail struggles as the economy falters

Declines in freight carried was disappointing but not unexpected, acting chair Rod Jager said.

KiwiRail has reported a lower operating surplus for the 2023/24 year than the year before.

Brent Edwards Fri, 27 Sep 2024

KiwiRail has reported tough trading conditions in the past financial year as it starts consulting with its staff over changes to the business and likely job losses.

In its results for the year ended June 30, KiwiRail has reported an operating surplus of $105.6 million for its above-rail business.

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Brent Edwards Fri, 27 Sep 2024
Contact the Writer: brent@nbr.co.nz
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KiwiRail struggles as the economy falters
Infrastructure,
106038
true