John Spencer, chairman of KiwiRail, along with the KiwiRail’s board, have announced that they will not renew KiwiRail Chief Executive Jim Quinn’s five-year contract when it expires in February 2014.
In the last six months of 2012, KiwiRail reported its operating revenue rose 4 percent year-over-year to almost $363 million and its operating surplus increased 7.6 percent to nearly $47 million.
Rio Tinto, a British-Australian multinational metals and mining corporation based in London, has applauded the Australian Competition Tribunal’s decision that its Hamersley and Robe rail lines...
