Tranz Rail still in the soup

By Railway Gazette International and mph/parry2002-10-01T10:00:00

MANAGING Director of Tranz Rail Michael Beard promised on September 12 that the company’s ’change programme’ would deliver benefits in the 2003 financial year. Announcing results for the 12 months to June 30, Beard said ’the company’s historical business model was not sustainable’. He was responding to concerns about the ...

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