Monday, July 17, 2006

Railfan: Wanna Buy a Railroad?

Toll Holdings' sale of its Tranz Scenic tourist train business continues to track slowly, with a key participant saying it has yet to hear from any interested buyers.OnTrack, the owner and manager of New Zealand's railway infrastructure, said it had yet to hear from possible buyers of the TranzAlpine and TranzCoastal South Island railway trains about rail line access.

New Zealand's source for business, stock market & currency news on Stuff.co.nz: No interest shown in Tranz Scenic train business


This brief article underscores the difficulties of operating and selling a tourist railroad in hard economic times.


More soon!



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