Toll NZ

Toll Rail, Toll NZ Consolidated Limited or rather, from 2003 to 2008, the only railway company with passenger and long distance freight transport in New Zealand.

The company was founded in 2004 from the renaming of Tranz Rail Limited, which was acquired in 2003 by the Australian transport group Toll Holdings Limited on the acquisition of 85 % of Tranz Rail Holdings.

Behind Tranz Rail Limited was an American consortium in the privatization of state property, the New Zealand rail network including rail operations and the ferry between the North Island and the South Island took over from the New Zealand government NZ $ 328 million for 1993.

As Tranz Rail Limited has been in deficit and the real concern was that the firm's financial difficulties would have a negative impact on the railway infrastructure and railway operations, the government bought back the route network and for the national rail and ferry jumped the Australian Toll Holdings, however, can not be assumed without development and profit potential. The Killing. The government and the Toll Holdings could not agree on cost sharing for the train- and -distance running, what would even out in 2006 almost to adjust the Overlanders, the train service between Auckland and Wellington. In addition to want the only two people in remote connections on the South Island, the TranzAlpine and the TranzCoastal sell, announced the Toll Holdings, which was only interested in the transport of goods by rail, in April 2006.

That was then, even for the New Zealand government too much. It has been shown that it is extremely difficult to find a profitable venture that will contribute to the economic and environmental development of New Zealand to operate without support from the government, said New Zealand Finance Minister Michael Cullen. In May 2008, we finally decided to completely repurchase the railway and ferry service again and to nationalize. For NZ $ 665 million and more concessions from the Government of the deal was completed and the chapter of a failed privatization.

Toll NZ Consolidated Limited was renamed with effect from 1 July 2008 in KiwiRail, which reports directly since October 1, 2008 on the KiwiRail Holdings of the New Zealand Railways Corporation, which trains, rail and ferry services are back to 100 percent state-owned.

Swell

All sources of information and links in English

• History of New Zealand Rail - Ontrack - A Devision of New Zealand Railways Corporation
• Robin Bromby, Rails - That Build a Nation - An Encyclopedia of New Zealand Railsways, Grandham House Publishing, Wellington, 2003 ISBN 1-86934-080-9.