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

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)
Pattrick Smellie
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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