UPDATE: KiwiRail gets $40M to accelerate Manawatu freight hub

UPDATE: KiwiRail gets $40M to accelerate Manawatu freight hub
Gavin Evans
By Gavin Evans Nov. 15 (BusinessDesk) - KiwiRail is accelerating work to relocate its Palmerston North operations out of the city as part of plans to develop a regional hub to better handle freight flows throughout the lower North Island. The company has just received a $40 million commitment from the government’s Provincial Growth Fund to help it with the planning process for the project and for land purchase. Acting chief executive Todd Moyle said the yet-to-be determined site could potentially cover 60 hectares, some of which would...