Business & People
Appointments, results, deals and the people leading the industry.
Winners announced at Fleet Safety Awards
Companies and individuals have been honoured for working hard to reduce road crashes during Brake’s fifth annual Australasian Fleet Safety Awards. The awards, sponsored by the…
Port Otago posts $49.3m profit
Council-owned Port Otago has posted $49.3 million net profit after tax for its 2018/19 financial year with some headwinds expected for the year ahead. Net profit…
AA’s Stella Stocks confirms retirement
The Automobile Association's long-serving head of motoring services, Stella Stocks, has announced she will retire at the end od the year. Stocks has been with the…
Tower Cranes NZ in receivership, building companies in liquidation
Tower Cranes New Zealand has been placed in receivership and building companies Stanley Group and related company Tallwood have been liquidated. Tower Cranes PwC receiver Lara…
South Port posts record results
Bluff port operator South Port has posted $9.79 million after-tax profit for the year to June 30 but expects earnings to dip next year. This is…
Tourism Holdings profit slashed, rentals up
Tourism Holdings Limited (THL) has reported net profit after tax of $29.8m for its annual results, down 52% from last year’s $62.4m. Chairman Rob Campbell says…
Freightways reports $63.4m profit despite ‘headwinds’
Freightways has reported net profit after tax of $63.4 million, up 1.9% for its full year result. Revenue was up 6% to $615.7m and earnings before…
Road investment advice ignored by Government
This story first appeared in the August issue of TransportTalk – CLICK HERE to download the magazine FREE Relatively new and inexperienced governments rely pretty heavily…
TIL reports $4m profit, eye on acquisitions
TIL Logistics group has posted net profit after tax of $4 million for its first full year result as a listed company. Sales revenue was up…
Shaw on the move following Jackson departure
The departure of Damon Jackson from JEVIC has been followed by a promotion for Vehicle Inspection New Zealand chief executive Gordon Shaw. Jackson announced his resignation…