Business & People
Appointments, results, deals and the people leading the industry.
Mainfreight posts $217m half year profit
Kiwi transport giant Mainfreight has lifted net profit 66% to $217 million for its half year financial result and says it remains confident in the trading…
Mainfreight eyes strong half year profit
Mainfreight is expecting a strong improvement on revenue and profit for its next half year result. The NZX-listed company has provided a market update covering 26…
Move expects improved earnings in FY23
Move Logistics Group is expecting an earnings improvement for its 2023 financial year result in spite of ongoing cost inflation and supply chain disruptions. The NZX/ASX…
Full schedule released for AutoTalk Live – Google joins the ultimate day out
The schedule for AutoTalk Live! - the ultimate dealer day out - has been released, with new additions to the lineup for the November 11 event…
Truckometer sees solid finish to the quarter
The ANZ Truckometer light traffic index lifted 1.9% month-on-month in September, while heavy traffic was down 3.3% after jumping strongly the previous month. ANZ senior economist…
Penske awards 2022 Master Technicians
Penske Australia and New Zealand has presented its 2022 Penske Guild Master Technician awards for off-highway and on-highway.
KiwiRail says ‘progress steady’ in challenging times
KiwiRail has announced that it recorded an operating surplus of $133.9m for the financial year ending June 30, 2022. Board chair David McLean says it's a "creditable…
‘Sugar candy economics’ era has ended, economist warns transport conference
Cameron Bagrie The world has entered a new era in economics, and we all have to get used to a harsh new reality. That’s the stark…
Merger approval benefits Jucy expansion
Rental car operator Jucy says the approved merger of Apollo Tourism and Leisure (ATL) and Tourism Holdings Limited (THL) by the Australian Competition and Consumer Commission…
Fonterra’s full year profit eases, dairy outlook ‘positive’
Fonterra has delivered "reported" profit after tax of $583 million for its financial year result. This was down 3% for the year ending July 31 while…