Business & People
Appointments, results, deals and the people leading the industry.

Port of Tauranga appoints new corporate services manager
Port of Tauranga has named Melanie Dyer as its new corporate services manager. Dyer replaces the recently retired Sara Lunam and she will join the port…

Mainfreight posts $147.9m full-year profit
Mainfreight has posted a full-year net profit of $147.9 million and says it’s well positioned to tackle the ongoing supply chain disruptions brought about by COVID-19…

Nick Leggett: Infrastructure announcements will not save New Zealand’s economy
The penny is starting to drop that New Zealand is in a precarious economic position we may not recover from for decades. There’s a big difference…
RNM Alliance appoints Sutcliffe to LCV business unit
Mark Sutcliffe has been appointed Renault Nissan Mitsubishi Alliance light commercial vehicle business unit senior vice president, effective June 1. Currently the alliance industrial strategy and…

Fonterra earnings grow to $815m
Fonterra is strengthening its balance sheet and reducing its debt, posting earnings of $815 million for the third quarter. This was up from $514m in the…

ATA elects new chair as Geoff Crouch steps down
The Australian Trucking Association has elected a new chair following Geoff Crouch’s recent retirement from the role. South Australian trucking operator David Smith has now taken…

KiwiRail CEO calls Budget ‘once-in-a generation investment’
KiwiRail says the Government’s $1.2 billion rail investment in this year’s Budget will help attract more customers and get more freight on rail. It builds on…
$50b budget to restart economy
A $50 billion COVID-19 Response and Recovery Fund to invest in the economy and jobs has been announced as part of the Government’s Budget 2020, “Rebuilding…

NZTA expands services under level 2
The NZ Transport Agency has confirmed it will expand its functions at alert level 2. “Most of our services will be up and running under alert…

ANZ Truckometer at ‘low point’
The ANZ Truckometer shows the light traffic index was down 71.1% m/m and the heavy traffic index down 45% m/m in April. The month included 27…