Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Record Rail Freight Moves Across The Cook Strait

Record Rail Freight Moves Across The Cook Strait

Toll’s commitment to grow rail freight in New Zealand is evident by the record tonnage currently being moved across the Cook Strait by Interislander.

Despite one sailing being cancelled due to bad weather over the past week, Interislander has moved close to 58 thousand gross tonnes of rail freight between the two islands, which is a record.

The figures have been climbing steadily for the past 2 years since Toll took over and has occurred despite the change in configuration of the ships with the introduction of the Kaitaki.

Interislander group general manager Seamus O’Sullivan says it’s a credit to the Interislander team to have moved so much rail freight taking into account that on top of rail they also have their commercial vehicle customers and passengers to look after.

“Toll Rail team’s in both Wellington and Picton have done a great job ensuring that the ships are turned around as quickly as possible, despite the increased loadings,” says Mr O’Sullivan.

Toll Rail group general manager Joe Garbellini said there are many reasons for the rail growth.

Rail has picked up a number of new contracts including one transport and logistics company that previously was exclusively using road. He said that Toll Tranzlink the retail arm of Toll in New Zealand has worked hard to put as much freight as possible on rail and this is now paying off.

He said other areas of growth have come from more and more of the large transport providers using rail.

“We always said that, providing the service delivery was there, we could grow rail and this is proof that we are now doing a much better job in that area,” said Mr Gabellini.

The majority of freight is from North to South.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news