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Rail workers say the health and safety of the travelling public is being put at risk by the removal of platform supervisors in key Auckland rail stations. Auckland One Rail (AOR), the company who run the Auckland Metro Network for Auckland Transport, ...
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Aurizon has forecast higher coal and bulk haulage volumes in the year ahead after the rail group’s annual net profit fell 46 per cent to $276 million.
The group has a grand vision of moving freight from Darwin to Melbourne on trains instead of ships. Importers don’t know if the plan will make financial sense.
The rail freight company warned profits would come in at the lower end of forecasts, which had already been downgraded. Its shares fell 5 per cent.