Business & People
Appointments, results, deals and the people leading the industry.
Toll Global Express rebrands, NZ boss to step down
Toll Global Express will be changing its name and brand identity to Team Global Express while its New Zealand chief executive has announced his departure. The company…
Bandag celebrates diamond jubilee Down Under
Tyre retread manufacturer Bandag is celebrating 60 years of local manufacturing in Australia and says it’s positioned to play a key role in the future of sustainable transport.
VTNZ parent company appoints new board chair
DEKRA NZ, parent company of Vehicle Testing New Zealand (VTNZ), has appointed Mike Walsh as chairperson of its board of directors.
NZ Post makes $102m profit for full year financial result
NZ Post has recorded a net profit after tax of $102 million for its full year financial result with continued growth in parcel volumes. This was…
Seafarer lost overboard sparks call for action
The Maritime Union says the loss of a crew member thought to have gone overboard a bulk carrier which left Bluff on Saturday morning is “very concerning”.
Ports of Auckland records $10.3m loss, focuses on ‘regaining mana’
Ports of Auckland has posted a net loss of $10.3 million for its 2022 financial year result which was significantly impacted by its failed automation project. …
Toyota boss joins Sustainable Business Council advisory board
The Sustainable Business Council (SBC) has appointed Toyota New Zealand chief executive Neeraj Lala to its advisory board.
South Port lifts profit, container disruption continuing
South Port is reporting a 19.7% lift in net profit after tax to $12.8 million for its full-year result in spite of supply chain disruption to…
THL narrows full-year loss
Tourism Holdings Ltd (THL) has posted a net loss after tax of $5.4 million for its full-year financial result. This was an $8.9m improvement on the previous…
Port of Tauranga posts $111.3m profit, resource consent delays ‘frustrating’
Port of Tauranga has posted a net profit after tax of $111.3 million on the back of 25.6 million tonnes of trade for its full-year financial…