Business & People
Appointments, results, deals and the people leading the industry.
Reserve Bank holds OCR at 3.25%, signals cuts ahead
Reserve Bank Governor Christian Hawkesby. The Reserve Bank has left the Official Cash Rate (OCR) unchanged at 3.25%, but signalled that further cuts remain on the…
Mainfreight celebrates Australian market milestone, tariff turmoil ahead
Mainfreight’s Australian business has overtaken New Zealand as the company’s largest contributor to profit and revenue, following a year of growth despite challenging global market conditions…
Call for entries: 2025 Australasian Fleet Champions Awards
Fleet operators and suppliers working to reduce road crashes and vehicle emissions are being encouraged to enter the 2025 Australasian Fleet Champions Awards. The annual awards…
Freight leader Scott O’Donnell joins KiwiRail board
Freight and logistics specialist Scott O’Donnell has been appointed to the KiwiRail board, a move Rail Minister Winston Peters says will strengthen the company’s freight capabilities.
New Zealand Couriers appoints Scott Hedgman as GM
New Zealand Couriers has named Scott Hedgman as its new general manager, with the appointment effective from July 1.
Prological appoints logistics veteran
Prological Consulting, a leading supply chain consultancy operating across Australia and New Zealand, has appointed industry veteran Sean Ledbury as director, effective July 1.
CablePrice appointed new Tigercat dealer in NZ
Forestry equipment manufacturer Tigercat has announced a major shift in its New Zealand distribution network, with CablePrice (NZ) Ltd set to take over as the company’s…
Bascik Transport set for nationwide expansion
Christchurch-based Bascik Transport has confirmed a major expansion strategy and will establish a countrywide freight network following its acquisition of Wellington-based Jets Transport. The freight specialist…
Surprise takeover bid targets Tourism Holdings
Tourism Holdings Ltd (THL), New Zealand’s largest campervan rental company, has been targeted in an unsolicited takeover bid by Australian investors — raising the prospect of…
New model reveals at Fieldays, Richie McCaw joins Toyota
The opening day of the National Fieldays at Mystery Creek on June 11 saw a string of new vehicle debuts from leading brands — and a high-profile ambassador announcement from Toyota New Zealand.