Business & People
Appointments, results, deals and the people leading the industry.
ANZ Truckometer shows September bounce back
The ANZ Truckometer shows the light traffic index bounced back 12.3% in September while heavy traffic lifted 4.1% for the month as the alert level restrictions…
RTF appoints Greg Pert as new board chair
Tranzliquid Logistics director and owner Greg Pert, from Tauranga, has been appointed chair of the Road Transport Forum board of directors. Pert replaces Neil Reid, who…
Ports of Auckland reports $23m net profit, car handling building complete
Ports of Auckland is reporting $23 million net profit after tax for its 2020 annual result, down from $53.9m the previous year. The port has also…
Keith Andrews expands into lower North Island
Keith Andrews Trucks (KAT) is entering the lower North Island for the first time with the opening of two new dealerships. It will be opening Mercedes-Benz…
UDC joins the Financial Services Federation
The Financial Services Federation has welcomed UDC Finance as its newest member – and its oldest – in a record year of membership. The news comes…
NZ Post delivers $6m profit following ‘unprecedented’ demand
NZ Post has announced a net profit after tax of $6 million for the 2020 financial year as parcel deliveries boomed after the level 4 lockdown…
Central Diesel Services appoints engineering manager
Central Diesel Services (CDS) has appointed Nigel Monk to the newly created position of engineering manager. Monk is well known to many in the heavy transport…
Fonterra posts $659m full year profit
Fonterra has posted $659 million profit after tax for the 2020 financial year, up $1.3 billion on last year’s result. The dairy giant announced a dividend for…
RTF welcomes highway investment, snubs rail
The Road Transport Forum (RTF) is welcoming more spending for state highway maintenance but says it’s disappointed the Government continues to "demonise" trucks. Transport Minister Phil…
Truckometer shows traffic down in August
The ANZ Truckometer heavy traffic index was down 6.5% in August and light traffic index down 13.1%. The month-on-month result was impacted by the second COVID-19…