KiwiRail needs reset to compete with trucking, chief executive Peter Reidy says

KiwiRail is chasing competitiveness after substantial recent investments, says CEO Peter Reidy. (Image: Supplied)

Thu, 17 Oct 2024

KiwiRail’s request for redundancy applications across its entire 4,800-strong workforce is a bid to make the business match-fit to compete with trucking after investing in rail infrastructure and new trains.KiwiRail chief executive Peter Reidy told BusinessDesk that not only had the business “got a bit out of shape post-covid” but that $2.4 billion of capital investment in upgrades over the last two years would substantially change the workforce required to run the national rail system.With the delivery of new locomotives...

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