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KiwiRail’s billion dollar click and collect spending spree

Brent Melville
Fri, 15 Oct 2021

KiwiRail’s billion dollar click and collect spending spree
KiwiRail chief executive Greg Miller said negotiating when you can’t travel to meet people face to face made things interesting. (Image: Supplied)
Brent Melville
Fri, 15 Oct 2021
It’s not often you buy a new vehicle without at least having the benefit of a test drive, particularly if it has a $1 billion sticker price.Yet, that’s what KiwiRail has done, substantively upgrading both its train and ferry fleet from the comfort of a computer screen. This week it confirmed it will replace its South Island fleet of 65 ageing General Electric diesel-electric locomotives with 57 Spanish engines built by Stadler Rail Valencia.Each will cost €4 million (NZ$6.6m), just under $400m for the new fleet. ...

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