Business & People
Appointments, results, deals and the people leading the industry.
Freightways profit rises to $94m despite fuel cost pressures
Freightways has reported net profit after tax (NPAT) of $94 million for its full-year result, up 17.3% with operating conditions becoming more challenging during the second…
Champion infrastructure projects celebrated at national awards
Auckland’s $1.6 billion Central Interceptor has taken top honours at the CCNZ Hirepool Construction Excellence Awards, recognising some of New Zealand’s leading civil infrastructure projects.
Lyttelton Port posts record $35 million profit
Lyttelton Port Company (LPC) has reported a record net profit after tax of $35 million for the 2025/26 financial year, up 40% on the previous year's $25m result.
AutoSmart to expand into Canterbury with new mobile showroom
Vehicle, marine and workshop cleaning franchise AutoSmart New Zealand is expanding into the South Island with a new mobile showroom set to begin servicing the greater…
Daniel Whitehead to step down as Daimler Truck Australia Pacific CEO
Daimler Truck Australia Pacific president and chief executive Daniel Whitehead will step down at the end of the year, bringing to a close a 30-year career…
EROAD appoints David Leach as chief executive
EROAD has appointed David Leach as its new chief executive officer, with the former Cin7 boss set to take up the role on October 12. Leach…
Former Mainfreight executive appointed to KiwiRail board
Former Mainfreight New Zealand country manager Craig Evans has been appointed to the KiwiRail Holdings board.
New appointments to NZTA board
Transport Minister Chris Bishop has announced the reappointment of David Smol and the appointments of Lana Stockman, Steve Haszard and Murdo Beattie to the New Zealand…
THL lifts FY26 earnings guidance
THL has upgraded its FY26 earnings guidance after stronger-than-expected trading and vehicle sales lifted performance in the final weeks of the financial year. The company now…
Move returns to positive earnings
Move Logistics Group is reporting a return to positive normalised earnings before tax (NEBT) for the year ended June 30, 2026, meeting the financial target it…