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5 Feb 2026 20:27
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  •   Home > News > Business

    KiwiRail's taking a financial hit, from falling freight volumes and weather-related outages

    KiwiRail's taking a financial hit, from falling freight volumes and weather-related outages


    InterIslander
    InterIslander
    The Palmerston North and Napier depots are reportedly facing potential job losses - and it's been decided the Northern Division freight line won't temporarily reopen between Masterton and Pahiatua.

    The state-owned enterprise is reporting a better than forecast 33-percent drop in operating surplus - but passenger rail is recovering post-pandemic.

    Interislander revenue is up five-percent, and it's up 41-percent for Great Journeys.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     05 Feb: A 53-year-old man's been arrested and charged in relation to a suspicious fire at a commercial premises on Oruanui Street in Taupo's CBD on Tuesday night
     05 Feb: The housing market is currently favouring buyers - but that may not last
     05 Feb: House prices are expected to rise as the year goes on - on the back of increased sales activity
     05 Feb: The Government's announced it'll invest in two horticulture developments on under-utilised Maori land in Northland and Waikato
     05 Feb: A record financial result for Christchurch's Lyttelton Port Company
     05 Feb: More uncertainty for dairy farmers who supply Canterbury milk processing firm Synlait
     05 Feb: Auckland and Wellington are bearing the brunt of the latest unexpected rise in unemployment
     Top Stories

    RUGBY RUGBY
    Crusaders fullback Will Jordan has dismissed suggestions Super Rugby isn't preparing All Blacks players for the reality of test matches More...


    BUSINESS BUSINESS
    A 53-year-old man's been arrested and charged in relation to a suspicious fire at a commercial premises on Oruanui Street in Taupo's CBD on Tuesday night More...



     Today's News

    Entertainment:
    The boss of the Hollywood sign has claimed that CGI was used in a video showing Sydney Sweeney decorating the landmark with bras 20:01

    Entertainment:
    Keke Palmer has no interest in living with romantic partners 19:31

    Business:
    A 53-year-old man's been arrested and charged in relation to a suspicious fire at a commercial premises on Oruanui Street in Taupo's CBD on Tuesday night 19:17

    Entertainment:
    Reba McEntire says that Kelly Clarkson and her children are "hanging in there" following Brandon Blackstock's death 19:01

    International:
    Democrat victory in Republican stronghold could spell trouble for Trump 18:57

    Rugby:
    Crusaders fullback Will Jordan has dismissed suggestions Super Rugby isn't preparing All Blacks players for the reality of test matches 18:37

    Entertainment:
    Carmen Electra's new tattoo is inspired by being "stabbed in the back" 18:31

    Cricket:
    Viral infections and injuries abound in the Black Caps camp ahead of the T20 World Cup starting Sunday 18:07

    Entertainment:
    The Spice Girls love Lewis K. Gibson and Lilah Fear's Girl Power inspired routine 18:01

    Golf:
    Ryan Fox is welcoming back LIV returnee Brooks Koepka to the PGA Tour 17:37


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