Tranz Rail - Latest News [Page 2]

Tranz Rail advises shareholders to wait and see

Friday, 27 June 2003, 1:33 pm | Tranz Rail

The Board of Tranz Rail today has asked shareholders to wait until they see the independent valuation, provided by Grant Samuel, and the director's final recommendation before making a decision about the Toll offer. The directors met today and also reviewed ... More >>

Tranz Rail puts asset sales on hold

Friday, 20 June 2003, 3:41 pm | Tranz Rail

Tranz Rail announced today that it has placed its asset sales programme on hold until after resolution has been achieved regarding the Heads of Agreement with the Crown and the anticipated offer from Toll Holdings. More >>

Ravensdown signs 5 year contract with Tranz Rail

Friday, 20 June 2003, 11:54 am | Tranz Rail

The excellent customer relationship that Tranz Rail has built up over the years with Ravensdown Fertiliser Co-operative Limited has resulted in the company signing a five-year contract to move fertiliser from Napier to a number of destinations. National ... More >>

Tranz Rail receives bids for Tranz Link

Wednesday, 18 June 2003, 11:49 am | Tranz Rail

Tranz Rail today confirmed that the company has received two bids for its trucking operation, Tranz Link. More >>

Notice of record date for take-over offer received

Tuesday, 17 June 2003, 5:50 pm | Tranz Rail

Tranz Rail would like to advise shareholders the company has received notice from Toll Holdings that the record date for their take-over offer will be tomorrow, Wednesday June 18. More >>

Tranz Rail Trading Update

Monday, 16 June 2003, 10:04 am | Tranz Rail

Auckland,New Zealand - Tranz Rail Holdings Limited {NZSE:TRH} Tranz Rail has issued a trading update on its financial result for the financial year ending 30 June 2003. More >>

Efficient rail and road network good for NZ

Friday, 13 June 2003, 4:10 pm | Tranz Rail

Tranz Rail is disappointed at the negative stance taken by the Road Transport Forum (RTF) against rail in their just released report into road freight. More >>

Option clears path to exit Aratere financing

Wednesday, 11 June 2003, 3:39 pm | Tranz Rail

Auckland-New Zealand. Tranz Rail Holdings Limited [NZX: TRH] today announced that it had signed an option agreement relating to the Aratere ferry finance lease. The option will enable the company to pay off the existing financiers of that lease on ... More >>

Tranz Rail & NZ Govt Propose Rail Agreement

Friday, 6 June 2003, 3:16 pm | Tranz Rail

Tranz Rail Holdings Limited (TRH) and the New Zealand Government signed heads of agreement today on a joint plan for restructuring and developing the New Zealand railway system. More >>

Tranz Rail response to Toll Holdings offer

Wednesday, 4 June 2003, 9:13 am | Tranz Rail

Auckland, New Zealand - Tranz Rail Holdings Limited {NZSE: TRH} today confirmed they had received a take-over offer from Toll Holdings. More >>

Tranz Rail extends METROPORT contract

Tuesday, 27 May 2003, 2:34 pm | Tranz Rail

Tranz Rail and Port of Tauranga today announced they have signed a contract that will extend the present operations of the port's METROPORT operation in South Auckland through until May 2013. More >>

Tranz Rail response to withdrawal of Rail America

Friday, 23 May 2003, 10:19 am | Tranz Rail

Tranz Rail Board Chairman Wayne Walden says the withdrawal of the offer by Rail America is disappointing, as it was a potential option for Shareholders, however the bid was always highly conditional. More >>

New Sprint Train Service for Palmerston North

Thursday, 22 May 2003, 10:13 am | Tranz Rail

New Sprint Train Service for Palmerston North Manawatu businesses and motorists stand to benefit from a new high-speed overnight train service from Palmerston North to Auckland that starts this Monday, May 26. Palmerston North manufacturers and freight ... More >>

Grant Samuel apponted over Rail America offer

Wednesday, 21 May 2003, 1:30 pm | Tranz Rail

Auckland, New Zealand - Tranz Rail Holdings Limited [NZSE: TRH] today announced they have appointed Grant Samuel & Associates as independent investment advisor in respect of the proposed Rail America offer. More >>

Tranz Rail clears the dust on coal capability

Friday, 28 March 2003, 9:49 am | Tranz Rail

Tranz Rails National Manager for bulk freight Steve Muir says he is surprised at reports today by Solid Energy that the coal company could not achieve extra growth until a long-term agreement had been reached with Tranz Rail. More >>

Tranz Rail begins sale process for Tranz Metro

Monday, 17 March 2003, 2:16 pm | Tranz Rail

Tranz Rail has started the process for the sale of its Wellington commuter train services, Tranz Metro. Expressions of interest will be invited and investment bankers, Cameron and Co, will handle the sale process. More >>

Heat restrictions lifted on Wairarapa Line

Friday, 14 February 2003, 5:09 pm | Tranz Rail

The lifting of further restrictions on the Wairarapa line means Wairarapa commuters will no longer experience delays due to heat restrictions. More >>

Normal timetable returns as restrictions lifted

Tuesday, 4 February 2003, 6:12 pm | Tranz Rail

The lifting of further restrictions on the Paraparaumu and Wairarapa lines means Tranz Metro can now return to normal timetable. More >>

Council confident that heat restriction issue reso

Saturday, 1 February 2003, 10:14 am | Tranz Rail

Tranz Metro Wellington met with the Wellington Regional Council this week to outline the actions it has taken to resolve the heat restriction issue within the Wellington network. More >>

Tranz Rail on Track with Second Quarter Result

Wednesday, 29 January 2003, 12:49 am | Tranz Rail

Tranz Rail Holdings Limited today announced an operating profit from trading of $18.4 million for the three months to 31 December 2002. The operating profit, although slightly behind the original forecast of $19.4 million for the quarter, is consistent ... More >>

   

 

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