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- W655315145 abstract "This article reviews the last year's experience of New Zealand's Tranz Rail, and discusses some of its long-term problems. It has just had the highest rail freight levels in its history, achieved with decreasing staff numbers, now about 4000, so that its employee productivity has never been higher. New passenger and maritime equipment and services have been introduced, some rolling stock has been repaired or replaced, a revolutionary new remote control shunting system has been devised, and Tranz Rail's new ferries have been well received by passengers and freight shippers. M Beard took over as new chief executive in February 2000. However, many problems are emerging, despite all these recent successes. The fleet of electric locomotives is ageing and individual units have been refurbished at least once, but there are no plans for further rebuilding. Therefore, the strain of handling rising traffic is likely to increase. Freight rates are already under intense competitive pressure in New Zealand's deregulated economy, but rail operating costs can be expected to rise as world fuel prices affect them. Recent announcements for passenger trains only reschedule existing trains, and the new ferries face severe competition. There are severe conflicts between Tranz Rail's investment needs and its investors' expectations." @default.
- W655315145 created "2016-06-24" @default.
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- W655315145 date "2000-08-01" @default.
- W655315145 modified "2023-09-28" @default.
- W655315145 title "CLOUDS GATHER ON TRANZ RAIL'S HORIZON" @default.
- W655315145 hasPublicationYear "2000" @default.
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