Business & People
Appointments, results, deals and the people leading the industry.
Deere-Hitachi celebrate 30 year partnership
John Deere and Hitachi Construction Machinery are celebrating 30 years of business. The Deere-Hitachi Construction Machinery Corporation was established in 1988 to combine the strength of the two brands in…
NZ Bus sees revenue loss
Contract losses in NZ Bus have contributed to a 3.2% decline in operating revenue for its owner Infratil. The utilities investment company, which wholly owns the…
ERoad reports profit and record growth
ERoad is back in profit after a net loss of $5.3 million in the last financial year. Its latest annual report shows the transport technology services…
Styling specialists team up for stunning results
New Zealand-based vehicle enhancement specialist RVE is teaming up with European styling house Carlex Design. The deal will includes a range of high-end products for the…
Isuzu announces Japan getaway winners
Isuzu NZ has announced winners of its Japan trip promotion. One of three trips to Japan were open to people who bought any Isuzu truck over…
GM profits take a hit ahead of pickup launch
General Motors is reporting a hit on earnings as a result of restructuring and lower North American production levels. It’s first-quarter net income fell nearly 60%…
QEX revenue on the up
Auckland-based QEX Logistics is reporting higher than expected sales revenue. The company, which listed on the NZX in February this year, predicted a gross margin of…
Fastway celebrates 35 years
A major New Zealand delivery service is celebrating 35 years. Fastway Couriers is marking the milestone at its two-day annual conference in Nelson which winds up…
New chairman appointed to NZTA
Transport minister Phil Twyford has appointed a new chairman to the board of the NZ Transport Agency. Michael Stiassny, an experienced business director and leading insolvency…
ANZ Truckometer reports mixed messages
The ANZ Truckometer heavy traffic index fell 0.3% in March and is down 0.7% for the quarter. ANZ chief economist Sharon Zollner says while it’s not…