Growing Freight
A key focus of KiwiRail has been to grow the rail freight business. It represents 60% of the revenue we generate and holds significant growth potential
We’ve made a huge effort to earn the trust of our customers that rail is a reliable and cost effective way for them to move their goods. We’ve made significant improvements to the track, increased capacity on the Aratere by a third and we’ve purchased new locomotives, wagons and containers so that we can offer faster and more frequent services.
And they’re starting to come back – overall freight revenue has grown by 25% in three years as companies like Fonterra, Mainfreight and Progressive enterprises have opted to use more rail freight.
|
Annual report |
08/09 |
09/10 |
10/11 |
11/12 |
Increase (3 years) |
|
Freight Revenue |
Not reported |
367.1 |
396.7 |
457.6 |
25% |
|
Freight EBITDA |
Not reported |
100.7 |
117.7 |
129.1 |
28% |
|
Volumes (ntk) (M) |
Not reported |
3,919 |
4,178 |
4,580 |
15% |
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