AusRAIL, Market Sectors

Toll may double investment to rebuild Tranz Rail

<p>Toll Holdings may pour twice as much money into its newly acquired New Zealand operation Tranz Rail as originally planned, according to media reports.</p> <p>Toll had originally planned to spend about NZ$100m over five years investing in new rolling stock but might now invest as much as NZ$40m a year in the rolling stock, the <em>New Zealand Herald</em> reported.</p> <br />