The national railway is in discussions with officials from the Treasury, independent consultants and the Ministry of Transport as it prepares its long-term strategy plan. Minister Steven Joyce says the review is about “getting them onto the right footing, testing their business plan.” Joyce says KiwiRail’s annual report, revealing a loss of $187m […]
KiwiRail is continuing to make good progress into reducing the infrastructure deficit caused by decades of under funding of the rail network but it still has much work to do. KiwiRail’s latest annual report shows the company laid 33.4km of new track during the 08/09 financial year, three times more than the figure achieved in […]
NZ Transport Agency (NZTA) is distancing itself from the recently released report it commissioned into freight transport which claims road transport is receiving an effective subsidy of $1.5bn per annum. NZTA spokesman Andy Knackstedt says the opinions expressed in the Coastal Shipping and Modal Freight Choice study written by Rockpoint Corporate Finance are strictly those […]
A major report commissioned by the NZ Transport Agency (NZTA) has found the commercial road transport sector is effectively receiving an annual subsidy of $1.5bn to use the state highway network. The report says State Highway network users are paying only 40% of the full costs of providing roading infrastructure. Coastal Shipping and Modal Freight […]
Morningstar’s research unit, AspectHuntley says Port of Tauranga is better placed than its Auckland rival to scale up for bigger ships with lower capital investment. The Australian researcher estimates Ports of Auckland will need to spend $200m to catch up with Tauranga’s capabilities. A merged company could extract “significant” cost savings and prevent overinvestment in […]
Morningstar’s research unit, AspectHuntley says Port of Tauranga is better placed than its Auckland rival to scale up for bigger ships with lower capital investment. The Australian researcher estimates Ports of Auckland will need to spend $200m to catch up with Tauranga’s capabilities. A merged company could extract “significant” cost savings and prevent overinvestment in […]
Trans-shipments of containers routed through Auckland rose 8% in the third quarter from a year earlier, evidence of the trend for shipping lines to call at fewer ports. Ports of Auckland managing director Jens Madsen says shipping companies are adopting similar strategies to code sharing between airlines, sharing vessels as they chop back overall capacity. […]
Auckland is being offered a $70m saving against budget in the cost of developing an integrated ticketing system for public transport, one of the region’s key strategies for making public transport more efficient and attractive. Snapper Services has invited the Auckland Regional Transport Authority and the NZ Transport Agency to come on board with […]
Trans-shipments of containers routed through Auckland rose 8% in the third quarter from a year earlier, evidence of the trend for shipping lines to call at fewer ports. Ports of Auckland managing director Jens Madsen says shipping companies are adopting similar strategies to code sharing between airlines, sharing vessels as they chop back overall capacity. […]
Truck companies are urging Port Otago management and workers to settle an industrial dispute over new staffing levels, because the dispute is causing delays in the collection of containers increasing costs and cutting productivity. Transport operators’ attitude to the dispute has hardened after the container terminal was closed for 16 hours from 3pm last Friday […]
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