Business & People
Appointments, results, deals and the people leading the industry.
CablePrice opens new branch in Nelson
CablePrice is meeting growing demand from Nelson and Marlborough forestry and construction clients with a new purpose-built branch. The Nelson site has opened in the same…
RTF appoints Nick Leggett as CEO
Former Porirua mayor Nick Leggett has been appointed to replace Ken Shirley as Road Transport Forum chief executive. Shirley, who has been in the role since…
Dip in vehicle sales reflects changing economy: Hickey
Veteran financial journalist Bernard Hickey has used a recent dip in car sales to highlight some of the broader economic challenges facing the government. Speaking to…
Truckometer falls in September
The ANZ Truckometer has fallen in September and suggests another quarter of steady GDP growth is “unlikely”. The heavy traffic index fell 2.6% month-on-month to be…
TIL Logistics in trading halt for major sell-down
TIL Logistics Group Limited (TLL) has requested a trading halt on the New Zealand stock exchange as major shareholders gear up for a significant sale. The…
Iveco appoints NZ dealer principal
Jason Keddie has been appointed the dealer principal for Iveco’s newly launched New Zealand operation. Keddie recently relocated to New Zealand from Australia with his family…
TIL Logistics makes big acquisition
New Zealand freight and logistics company, TIL Logistics Group has announced the acquisition of Specialised Lifting and Transport Group (SLTG). SLTG is a leading New Zealand…
Jump in POAL’s annual profit
Ports of Auckland has continued its impressive financial performance, despite facing a number of challenges in the last financial year. It reported net profit after tax…
Penske appoints Tracy Black as CFO
Tracy Black has been appointed chief financial officer for Penske's Australian and New Zealand operations. Having held various positions in finance, accounting and internal control functions…
Turners posts healthy profit
Turners full-year net profit after tax has grown an impressive 33%. It increased to $23.4 million, while it also delivered a 32% increase in revenue to $330…