Business & People
Appointments, results, deals and the people leading the industry.
A sleek investment: why ALCOA aluminium wheels make sense
Upgrading to ALCOA forged aluminium wheels will not only enhance the appearance of a truck, trailer, bus or coach with a more polished presentation, there are…
Power Farming, JCB join forces on flagship facility
Power Farming has launched a flagship New Zealand facility in partnership with global leading construction manufacturer JCB Construction. The new retail facility in Pukekohe, Auckland, was…
Fonterra posts $674m half year profit
Fonterra has posted a profit after tax of $674 million for its half year result, up 23% on the same period last year. The co-operative pointed…
NZ slips into recession
New Zealand is in recession with gross domestic product (GDP) shrinking for the second quarter in a row, according to latest figures by Stats NZ. It showed…
Truckometer leaps in February but down per capita
The ANZ Truckometer light traffic index rose 1.9% month-on-month in February, while the heavy traffic index was up 2.4% for the period. The heavy traffic index…
Trucking firms in liquidation action
Truck parts business Multispares NZ Ltd has filed a High Court application to put Whangārei-based Stan Semenoff Logging Ltd into liquidation. The advertisement of application was…
Simon Bridges appointed NZTA chair
Former Transport Minister and chief executive of the Auckland Business Chamber Simon Bridges has been appointed as the new board chair of the New Zealand Transport Agency (NZTA) for a three-year term.
Iveco S-Way wins major design award
The new Iveco S-Way has won the prestigious iF Design Award 2024 in the Product Design Automobiles/Vehicles category. An independent jury of 132 international design experts named the Iveco…
KiwiRail expands Stadler deal for new locomotives
KiwiRail has signed two new contracts for low-emissions locomotives with Swiss rail manufacturer Stadler, expanding on its 2021 deal for 57 new low-emissions locomotives. The first contract…
EROAD appoints dual-CEO
EROAD has appointed David Kenneson to work alongside Mark Heine as dual-chief executive, in a move aimed at strengthening the firm's global growth strategy, especially in North America.