Business & People
Appointments, results, deals and the people leading the industry.
Chevy Pushes Out Tesla For ‘Best EV’ In U.S. News Awards
Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at…
Trucking industry split as merger proposal rejected
Industry bodies within New Zealand’s road transport industry are going their separate ways over disagreement on a proposal to form a single national organisation. The National…
Ports of Auckland appoints Jan Dawson as chair
Ports of Auckland’s board has elected Jan Dawson as its new chair following the retirement of previous chair Bill Osborne. Dawson was appointed to the board…
Move Logistics appoints Lorraine Witten as chair
Move Logistics has appointed Lorraine Witten as new board chair following recent leadership changes at the company. Witten’s position is effective from September 30 and she…
Traton Group and Scania merge CEO roles
Commercial vehicle giant Traton Group and its subsidiary Scania are merging the chief executive roles with Christian Levin appointed to lead the group. Effective October 1…
Fonterra posts $599m full-year profit
Fonterra has posted “reported” profit after tax of $599 million for its 2021 financial year. Chief executive Miles Hurrell says while down $60m on the previous…
TransDiesel boss to step down
Mike McKessar Long-serving chief executive of Christchurch-based TransDiesel, Mike McKessar, has signalled he will resign from the business in March 2022. TransDiesel chair Craig Boyce says…
GDP data points to economic rebound, Robertson says
Latest gross domestic product (GDP) data shows the economy had strong momentum in the period leading up to the recent Delta COVID-19 outbreak with a 2.8%…
Truckometer shows traffic fairing better than last year’s lockdown
The ANZ Truckometer light traffic index fell 27.6% in August, while heavy traffic fell 18.1% month-on-month. Sharon Zollner Traffic flows plummeted in the latter half of…
Toll Group completes sale of global express business
Toll Group has completed the sale of its global express business to Australian private equity fund manager, Allegro Funds. The company says the global express business…