Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
KiwiRail cuts $200M over three years, shifting to a $4–5B "managed decline" plan, risking slower trains, closures, and more truck freight.
KiwiRail faces a $200 million budget cut over three years, leading it to prioritize key freight routes and adopt a $4–5 billion "managed decline" strategy instead of a $6–7 billion upgrade plan.
This shift may result in reduced speeds, line closures—especially south of the golden triangle—and increased reliance on road transport for freight, particularly for Cook Strait connections.
The company will maintain service for major customers like coal exporters and Fonterra, using cost-saving measures such as standardized bridge designs and staged renewals.
Rail Minister Winston Peters says maintenance spending will rise to 75 cents of every dollar over the next decade to prevent further deterioration, with regulators ready to intervene if conditions worsen.
KiwiRail recorta $ 200M en tres años, cambiando a un plan de "declive administrado" de $ 4.5B, arriesgando trenes más lentos, cierres y más carga de camiones.