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Kobelco to take 70% stake in CNH construction business
Kobelco Construction Machinery has agreed to acquire a 70% stake in CNH Industrial’s construction equipment business for US$700 million (NZ$1.25 billion).
Freight sector seeks $5m fund to train more truck drivers
Transporting New Zealand is calling for a five-year, $5 million government fund to help freight operators train an estimated 2000 to 3000 additional heavy-vehicle drivers. The…
Heavy traffic dips in October data
New Zealand’s heavy traffic volumes fell 0.4% in October, while light traffic remained well below year-ago levels as higher fuel prices discouraged motorists from driving, according…
Debi Boffa takes over as Z Energy chief executive
Debi Boffa has formally taken over as Z Energy chief executive, succeeding Lindis Jones following a transition period that began in September.
Warehouse Group targets supply chain overhaul in $100m profit strategy
The Warehouse Group plans to build a simpler, faster and lower-cost supply chain as part of its strategy to lift annual operating profit to $100 million within three to five years.
New Hikuwai Bridge set to open on SH35
The new Hikuwai Bridge north of Tolaga Bay will open to single-lane traffic on the afternoon of November 18, restoring a permanent State Highway 35 connection…
Transport Minister Chris Bishop likely out of Parliament
Transport Minister Chris Bishop is unlikely to return to Parliament after losing Hutt South on election night, although special votes are still to be counted. Labour's…
Freight & Logistics More
Port of Tauranga to trial NZ’s first electric straddle
Trucks & Equipment More
JMC utes put through towing and payload tests ahead of NZ launch
Policy & Regulation More
Justin Tighe-Umbers: Common ground with Labour, and a warning from Washington
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