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24 Oct 2025 10:10
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit
     24 Oct: A belief the sale of Fonterra will benefit the sectors adjacent to the farming industry
     24 Oct: Another business has been handed a hefty fine for cartel conduct
     24 Oct: Chinese Communist Party body replaces 11 members amid corruption purge
     23 Oct: The Commerce Commission's released new guidelines - to try to cut confusion in telco pricing
     23 Oct: A Chinese court's ordered hundreds of hectares of kiwifruit plants to be ripped out - in a landmark intellectual property ruling
     23 Oct: The fire fighters union and Fire and Emergency are heading back to the bargaining table
     Top Stories

    RUGBY RUGBY
    The country's rugby coaching depth is set for further testing as another vacancy opens in the All Blacks More...


    BUSINESS BUSINESS
    A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit More...



     Today's News

    Entertainment:
    Stellan Skarsgard thinks he's living on "overtime" 10:00

    Rugby League:
    Warriors boss Cameron George claims re-signing halfback Luke Metcalf until the end of the 2028 season will make playing in New Zealand more attractive for others from overseas 9:57

    Business:
    A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit 9:37

    Entertainment:
    Lorde is relishing the "rawness" of her UltraSound tour 9:30

    Rugby:
    The country's rugby coaching depth is set for further testing as another vacancy opens in the All Blacks 9:07

    Entertainment:
    Victoria Beckham says she and husband David Beckham's marriage has lasted 26 years because they've coped with anything that has been thrown at them and "ridden the damn storm" 9:00

    Entertainment:
    Jeremy Allen White lost his voice after performing Bruce Springsteen's Born in the U.S.A 8:30

    Business:
    A belief the sale of Fonterra will benefit the sectors adjacent to the farming industry 8:07

    Cricket:
    New Zealand are effectively out of semi-final contention with a game to play at the women's cricket World Cup after losing to India by 53 runs via the Duckworth-Lewis Method in Mumbai 8:07

    Entertainment:
    Some of Gene Hackman's possessions are going under the hammer - including his Golden Globes 8:00


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