
	Where results make sense

Topic: Tranz Rail

Related Topics

New Zealand Railways Corporation

IHUG

Blis Technologies

Telecom New Zealand

Bank of New Zealand

List of New Zealand companies

Fonterra

New Zealand general election 1975

Air New Zealand

Roger Douglas

Richard Prebble

Maori Wars

Independence Day

Hordeum

1919

	Tranz Rail - Wikipedia, the free encyclopedia
		Tranz Rail, properly Tranz Rail Holdings Limited, was the name of the main rail operator in New Zealand from 1995 until it was purchased by Toll Holdings in 2003.
		Tranz Rail, in partnership with Wisconsin Central as the Australian Transport Network Limited, invested in Tasmanian rail operator TasRail in 1997.
		Tranz Rail won the Roger Award for The Worst Transnational Corporation operating in New Zealand on three occasions and was the first corporation inducted into the "hall of shame".
	en.wikipedia.org /wiki/Tranz_Rail (986 words)

	8. Rail Transport - Tranz Rail Limited \| Report on Integrated Transportation Strategy - Volume 1 of 4: Recommended ...
		We also understand from Tranz Rail that there is currently a national shortage of log carriages - particularly as the entire 4-wheel log wagons in the country are in the process of being retired.
		Tranz Rail Limited was represented at the subsequent industry workshop held in Gisborne in January 2001.
		However, the workshop attendees were not confident of being able to persuade Tranz Rail to keep the branch line operational for the next five years, at which stage the forest industry-related traffic was forecast to increase significantly.
	www.med.govt.nz /templates/MultipageDocumentPage____3577.aspx (998 words)

	Scoop: Tranz Rail Wins Roger Award
		Tranz Rail's lack of concern for the environment when profit and competition is involved was another factor in its selection, exemplified by the attempt to obtain speed limit exemptions for fast ferries with little concern for the impacts on the environment.
		Tranz Rail informed the Inquiry that it was engaged in a struggle to change workers’ practices for the benefit of workers’ health and safety, telling the Inquiry that it has proved a “long and at times frustrating period for managers” as they seek to save the workers from themselves.
		Tranz Rail managed to shed 221 full time jobs between June 1999 and June 2000, of which 211 were in the area of capital maintenance which is integral to public and worker safety.
	www.scoop.co.nz /stories/PO0104/S00018.htm (4834 words)

	Tranz Rail: For whom the takeover tolls
		Tranz Rail opposes the Bill on the grounds of cost, saying that it will be disadvantaged in comparison to its road transport rivals.
		Tranz Rail has proven to be a textbook negative example of why governments should not privatise vital public assets.
		Rail was one of the services the then New Zealand government committed to be subject to the GATS when it signed up to it in 1994.
	www.converge.org.nz /watchdog/05/04.htm (3543 words)

	CNN.com - Tranz Rail sells Auckland passenger business - December 24, 2001
		Tranz Rail and the New Zealand government began negotiations over the corridor in September.
		Tranz Rail, which is refocusing its business onto its long-distance freight operations in New Zealand, will continue to run passenger services in Auckland under contract until at least June 2003.
		Tranz Rail managing director Michael Beard said the Auckland sale was "another step" in the company's strategy of selling off non-core operations to concentrate on the freight business.
	archives.cnn.com /2001/BUSINESS/asia/12/24/nz.rail.biz (296 words)

	Riding Tranz Rail's roller coaster - world perspectivedd Railway Age - Find Articles
		In the meantime, TRH will create a separate rail infrastructure company which, although owned by the government, will continue to be managed by Tranz Rail until next July, when it will be transferred to the new infrastructure company's state-appointed management.
		Tranz Rail's shares rose from an initial 58 cents each in 1993 to $5.19 by 1997, and there was much praise for the way in which the company's owner, a consortium headed by Wisconsin Central, had transformed a mediocre state-owned agency into a profitable enterprise.
		Tranz Rail's recent problems can be traced to the departure four years ago of its former boss, Ed Burkhardt, who was also CEO of WC.
	www.findarticles.com /p/articles/mi_m1215/is_7_204/ai_107044417 (859 words)

	transrailnews
		Tranz Rail reported yesterday a much reduced after-tax profit for the year to June of $5.6 million though total revenue of $628.4 million was a 5.7 per cent increase on the 2000 result.
		Tranz Rail was still negotiating with the Government about the sale of the Auckland rail corridor and while the original target date of the end of this month could be met, there was no guarantee this would happen, he said.
		Tranz Rail is accused of not spending enough on its infrastructure, of allowing trains and carriages to become uncomfortable and unreliable, and of letting stations become graffiti-covered, unwelcoming and unsafe.
	www.massey.ac.nz /~cprichar/303cm/transrailnews.html (14495 words)

	Scoop: Full Text: Heads Of Agreement With Tranz Rail
		Tranz Rail shall provide the Crown and its assignees and contractors (and similar) with reasonable access, free of charge, to the Retained Land and Tranz Rail’s facilities and other property to enable the Crown, its assignees and contractors (and similar) to operate, maintain and develop the Rail Network and the Network Assets.
		Tranz Rail to indemnify the Crown for breach of any warranty (subject to specified limitations) and for any breach of the Tranz Scenic Access Agreement referred to in section 8(h) of Schedule 1 (to the extent the Crown is required to accept liability for such breaches).
		Tranz Rail shall not be permitted to complete the sale until the purchaser has entered into a lease with the Crown for the land on which the Wellington Station Building is situated (and any other relevant land), on terms satisfactory to the Crown (acting reasonably).
	www.scoop.co.nz /stories/PA0307/S00157.htm (12815 words)

	Joint Announcement with Tranz Rail
		Ports of Auckland and Tranz Rail have reached agreement for a Ports of Auckland-owned rail service to transport export and import containers between Palmerston North and Auckland.
		The agreement breaks new ground for New Zealand freight logistics as the dedicated rail service is expected to attract additional container volumes from the entire lower North Island, with import containers destined for the region balancing the export flows.
		The agreement with Ports of Auckland was clear evidence that Tranz Rail was delivering on the promises made in its strategic plan.
	www.poal.co.nz /newsroom/2001_releases/tranzrail080301.htm (1251 words)

	Railway Technology - Tranz Rail, New Zealand’s leading transport operator, has awarded ALSTOM a contract valued at 96 ...
		Tranz Rail, New Zealand’s leading transport operator, has awarded ALSTOM a contract valued at 96 million euros to maintain and overhaul their fleet of 180 diesel electric, electric and shunting locomotives.
		Tranz Rail has also welcomed the injection of ALSTOM technology, quality and service, which will bring significant benefits to Tranz Rail and its customers.
		Tranz Rail is a publically listed company that took over the privatised New Zealand railroads in the mid 1990’s.
	www.railway-technology.com /contractors/suburban/alstom/press2.html (495 words)

	Tranz Rail - Media Release - NZ Department of Labour
		Tranz Rail have been sentenced to pay a fine of $15,000 for failing to ensure a person in the vicinity of a workplace was not exposed to hazards.
		The case involved an elderly woman from Papatoetoe, Auckland who was standing on her back porch and was struck on the head by a rock.
		The rock was catapulted from a ride-on mower driven by a Tranz Rail contractor who was clearing scrub close to the railway lines.
	www.dol.govt.nz /News/Media/2001/tranz-rail.asp (249 words)

	Toll extends Tranz Rail bid - theage.com.au
		The Tranz Rail board has recommended that shareholders not accept Toll's offer, saying they agreed with the opinion of independent expert Grant Samuel & Associates that the offer was not fair.
		Tranz Rail has said it was trying to encourage superior offers and alternatives, but so far no other bidder has appeared.
		He said Tranz Rail so far had been "vague" in the reasoning behind its recommendation to refuse Toll's bid.
	www.theage.com.au /articles/2003/08/12/1060588383615.html (345 words)

	IndustrySearch.com.au® Australia - Tranz Rail & Govt yet to work through tax issues - Toll
		On Tuesday, Tranz Rail said its first quarter trading was in line with expectations, but provided few details.
		Tranz Rail -- 84 percent owned by Toll -- posted revenue of $143 million in the three months to September 30, up $5 million on the same period last year.
		Of that $137 million was offset against Tranz Rail's deferred tax liability, while $99 million was not recognised in the financial statements.
	www.industrysearch.com.au /news/viewrecord.aspx?ID=13428 (431 words)

	Dj 3096 (1209) - Tranz Rail
		When the final withdrawal of the Dj class began, 3096 was chosen to become one of (as it was then) NZ Rail's Heritage Locomotives.
		Tranz Rail indicated that they no longer wanted to have any Heritage Locomotives in its fleet, and 3096 was expected to be put up for preservation in the near future.
		Tranz Rail has since been bought by Toll Holdings to become Toll Rail, and what the new company has planned for the locomotive is not known.
	www34.brinkster.com /wekapass/djclass/dj1209his.htm (266 words)

	Tranz Rail Wins Roger Award
		Tranz Rail has won the Roger Award for the Worst Transnational Corporation in New Zealand in 2000.
		Until recently, Tranz Rail was owned by a consortium led by US corporation, Wisconsin Central Transportation, which has also bought up companies after UK and Australian privatisations.
		The judges' statement notes: "Tranz Rail [is] the first transnational corporation to have the ignominy of winning this award twice.
	www.converge.org.nz /pma/rog2001.htm (523 words)

	Interislander - New Zealand Railways - Tranz Rail - Ferry Postcards and Photographs
		A 350 kilometre (219 miles) passenger rail service between the port at Picton and the island's principal city of Christchurch was inaugurated in 1945 and revamped as the Coastal Pacific in the mid 1990s.
		The Tranz Rail charter was repeated again between November 1996 and April 1997, her northern summer this year being spent with Holyman Sally Ferries between Ramsgate and Dunkerque.
		In August 2003 she was chartered to Tranz Rail, followed by charter to the Government of Trinidad and Tobago in April 2005.
	www.simplonpc.co.uk /Interislander.html (2309 words)

	Tranz Rail - Media Release - NZ Department of Labour
		Tranz Rail Ltd. fined $15,000 after worker injected with grease
		Tranz Rail was fined $15,000 today after being prosecuted by the Occupational Safety and Health Service (OSH).
		The prosecution came after an accident in July 2000 where a worker was injected by a high-pressure discharge of grease while he was preparing to clear a blockage on the nozzle of a blocked railway track-greasing machine.
	www.dol.govt.nz /News/Media/2002/tranz-rail.asp (316 words)

	Phil G- Life- The Tranz Rail anti-student policy (Site not responding. Last check: 2007-10-30)
		Now, Tranz Rail has issued a letter that had been given to schools to pass on to their students in response to "fare evasion, misuse of Term Passes and bad behaviour".
		This is because many older commuters don't wish to share the trains with students as students, being young people, are generally louder and more energetic (but not necessarily badly behaved), and see their journey on the train as a social gathering, not a quiet time to read a book as many adults see it.
		To have an end to both of these problems would be good, but I think that Tranz Rail should solve the problem with its own people before it starts complaining about increases in bad behaviour among students.
	homepages.paradise.net.nz /pgebbie/tranzrail.html (545 words)

	Café Pacific: Asia-Pacific Network: Tranz Rail
		Tranz Rail has won the Roger Award for New Zealand's worst transnational corporation for an unprecedented third time, Foreign Control Watchdog reports in its latest issue.
		Tranz Rail has taken a major community asset and run it into the ground over a period of 10 years.
		The effects are not only to be worn by the community as a whole in terms of needing to fund an upgrade because of poor maintenance of the infrastructure, but the company's appalling safety record leaves one aghast.
	www.asiapac.org.fj /cafepacific/resources/aspac/tranzrail.html (614 words)

	Business Breakfast - 20/06/2003: Toll confident of Tranz Rail takeover
		Toll's 95 cents-a-share offer has run into stiff opposition from some of Tranz Rail's directors and the New Zealand Government, which has launched its own rescue bid for the struggling company.
		Toll is warning however, that it may pull out of the bid if Tranz Rail proceeds with the planned sale of its trucking business, Tranz Link.
		PAUL LITTLE: Well, I think their view is, they like the clarity, they like the involvement that we've got and I think would be very concerned if they felt that we weren't going to stay in the process.
	www.abc.net.au /businessbreakfast/content/2003/s884024.htm (1012 words)

	The Independent: Latest News
		As Toll Holdings' bid for Tranz Rail slows to a stand off with Tranz Rail's institutional shareholders, American rail operator Genesee and Wyoming has been talking to the shareholders and could launch a rival bid for Tranz Rail within days.
		Toll's rail business in Australia, Pacific National, is a joint venture with Patrick Corporation bought only last year and in which Patrick is seen as the rail expert.
		In its report on that offer, Grant Samuel valued Tranz Rail at 97 cents to $1.03 a share - but that valuation was done under the assumption that the government's initial offer had been accepted.
	www.knowledge-basket.co.nz /theindependent/story2.html (994 words)

	Tranz Rail must not hold East Coast to ransom - Green Party
		"Tranz Rail has been talking to the New Zealand Railways Corporation - the state-owned company that owns the land under the tracks - about closing the Waitara branch line in Taranaki.
		"This is outrageous given that Tranz Rail has deliberately allowed the line to run down in recent years, and originally bought New Zealand's whole railway system for a song.
		Ms Kedgley said resolving the problems with the lease and saving the railway line, either by renegotiating the lease, buying Tranz Rail or regulating the company was a better option than allowing more trucks onto the Napier-Gisborne highway.
	www.greens.org.nz /searchdocs/PR3434.html (436 words)

	ShareTrader - TAKEOVER OFFER FOR TRH (Site not responding. Last check: 2007-10-30)
		Tranz Rail Holdings has provided a copy of a Takeover Notice in relation to
		Tranz Rail Holdings will be making a statement regarding the Offer shortly.
		Tranz Rail Board Chairman Wayne Walden said that they were considering the
	www.sharetrader.co.nz /topic.asp?TOPIC_ID=18302 (798 words)

	Forbes.com: Australia's Toll stands by rejected Tranz Rail bid (Site not responding. Last check: 2007-10-30)
		The 95 cents-a-share bid for Tranz Rail Holdings Ltd was a "very fair price", Toll Holdings Ltd managing director Paul Little told the Australian Broadcasting Corporation's Inside Business television programme.
		Debt-laden Tranz Rail urged its shareholders on Thursday to turn down Toll's bid, saying it was too low.
		U.S. based rail operator Genessee and Wyoming (nyse: GWR - news - people) has said it may consider making a bid for Tranz Rail.
	forbes.com /technology/futuretech/newswire/2003/08/03/rtr1047113.html (353 words)

	Tranz Rail Fares (Site not responding. Last check: 2007-10-30)
		The fares given here are from Tranz Scenic's timetables effective from 13 September 1999, and Lynx timetable effective December 1997.
		See the Tranz Scenic General Information for general rail travel information, including rail and inter-island ticket refund and reissue conditions.
		Additional throughfares are available for travel by Tranz Scenic train and connecting coach service - Between Auckland and the Waitomo Caves $38, between Wellington and the Waitomo Caves $75.
	byrail.wellington.net.nz /money.html (488 words)

	Cancel Tranz Rail lease now: Greens - Green Party (Site not responding. Last check: 2007-10-30)
		The call comes after Tranz Scenic had to resort to bussing passengers between Hamilton and Palmerston North due to heat-buckling tracks.
		“Tranz Rail clearly aren’t fulfilling their obligations to maintain the rail track,” Mr Donald said.
		Mr Donald said the latest development was another chapter in the sorry saga of rail privatisation.
	www.greens.org.nz /searchdocs/PR5918.html (189 words)

	smh.com.au - The Sydney Morning Herald
		Despite that and worries about the structural health of the rail business, Toll's managing director, Paul Little, said he was "comfortable" in taking on Tranz Rail and its estimated $NZ250 million in debt.
		The takeover bid also comes despite concerns about Tranz Rail's estimated $NZ40 million a year burden of maintaining its 3,807 kilometres of track without subsidies from the New Zealand Government.
		Mr Little said the trade-off in New Zealand was that in owning the track Tranz Rail had no competitors.
	www.smh.com.au /articles/2003/05/29/1054177674035.html (484 words)

	Tranz Scenic New Zealand railways - tourism via rail travel
		Tranz Scenic New Zealand railways - tourism via rail travel
		Tranz Scenic New Zealand railways combine the convenience of swift transportation to your destination in luxury comfort with the excitement of New Zealand's scenic beauty as you travel.
		Tranz Scenic - Education Groups, Social Clubs, Sporting Teams!
	www.tranzscenic.co.nz (134 words)

	Railpage Australia™ - NZ: NZ regulator accuses Tranz Rail (Site not responding. Last check: 2007-10-30)
		The New Zealand Commerce Commission is standing by its claim of "Enron-like" document destruction at Tranz Rail during an investigation into anti-competitive behaviour.
		The commission last week released a report on its investigation into whether the national rail company, now owned by Australia's Toll Holdings, tried to put rival ferry Top Cat out of business in 2000.
		The commission said it had emerged that Tranz Rail had destroyed relevant emails and documents during the period of the investigation.
	www.railpage.com.au /news-814.htm (171 words)

Try your search on: Qwika (all wikis)