How long has KiwiRail been around?

How long has KiwiRail been around?

For more than 155 years, rail has played a critical role in New Zealand’s transport system.

When was the first railway built in New Zealand?

Railway lines were initially constructed by the provincial governments of New Zealand from 1863 onwards. New Zealand’s first public railway was opened in that year, running the short distance between Christchurch and the wharf at Ferrymead and built by the Canterbury Provincial Railways.

Who sold KiwiRail?

The government sold New Zealand Rail in 1993 for $328 million to a consortium in which the US company Wisconsin Central was the leading shareholder. From 1996 the New Zealand subsidiary, known as Tranz Rail, was listed on the New Zealand and NASDAQ stock exchanges.

Is KiwiRail NZ owned?

KiwiRail Holdings Limited is a New Zealand state-owned enterprise responsible for rail operations in New Zealand, and operates inter-island ferries. Trading as KiwiRail and headquartered in Wellington, New Zealand, KiwiRail is the largest rail transport operator in New Zealand.

Who owns Auckland rail?

UGL Rail’s parent, UGL, is Australia’s largest supplier of outsourced rail asset management and rolling stock maintenance services, with a fleet of more than 2,000 rail vehicles across its Australian rolling stock maintenance contracts.

Is KiwiRail Govt owned?

KiwiRail Holdings Limited (KiwiRail) is a limited liability company incorporated under the Companies Act 1993 and a state owned enterprise (SOE) under the State Owned Enterprises Act 1986. As an SOE, all of KiwiRail’s shares are held by Shareholding Ministers of the Crown.

What is the first train name?

The Red Hill Railway, the country’s first train, ran from Red Hills to Chintadripet bridge in Madras in 1837. It was hauled by a rotary steam-engine locomotive manufactured by William Avery.

Does New Zealand have a bullet train?

With remarkably fast train services linking almost all towns and cities of the growth regions of Auckland, Waikato and Bay of Plenty to each other, Regional Rapid Rail will place more than half of the New Zealand population and economy on one efficient and effective transit system.

Is KiwiRail a Crown entity?

About KiwiRail KiwiRail Holdings Limited (KiwiRail) is a limited liability company incorporated under the Companies Act 1993 and a state owned enterprise (SOE) under the State Owned Enterprises Act 1986. As an SOE, all of KiwiRail’s shares are held by Shareholding Ministers of the Crown.

How much do train drivers make in New Zealand?

Pay for train drivers Qualified train drivers earn $38 to $40 an hour, increasing to $44 an hour for those with over 22 years’ experience. Team leaders can earn $48 to $50 an hour.

Who is CEO of KiwiRail?

Greg Miller (May 1, 2019–)KiwiRail / CEO

  • September 5, 2022