Freight & Logistics
Ports, rail, shipping, air freight and the logistics companies moving New Zealand’s goods.
Transmission Gully to be toll-free
https://www.youtube.com/watch?v=XaGJs-du6gk The NZ Transport Agency has announced that the Transmission Gully motorway will not be tolled. The Transmission Gully motorway is a 27 kilometre, four-lane road…
Tauranga port invests in electrics and hybrids
Battery-hybrid straddle carriers, electric or hybrid light vehicles and biodiesel will help reduce Port of Tauranga carbon emissions. The port is targeting net-zero emissions by 2050…
Transport company fined $150k for brake failure
Sorenson Transport Limited has been sentenced in the Tauranga District Court after one of its truck’s brakes failed causing injuries. It was fined $150,000 and ordered…
Ports of Tauranga reports record cargo volumes
New Zealand’s largest port reported record cargo volumes and increased profits for the year to June 30, 2019. Port of Tauranga’s transhipment increased 11.2%, handling more…
Hamilton transport hub to start construction
A public transport hub expected to carry around 30,000 passengers a month will begin construction in Hamilton in September 2019. Rotokauri, a semi-rural suburb in western…
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…
Auckland to Hamilton rail service underway
The Government has approved $92.37 million in funding for construction of the Hamilton to Auckland rail service. This involves $79.8m from the NZ Transport Agency and…
Auckland mayoral candidates battle over transport
Auckland mayoral candidate John Tamihere says he will sack the Auckland Transport board if he wins the local body election. Ditching the Auckland regional fuel tax…
Air NZ profit takes a hit in ‘headwinds’
Air New Zealand is pointing to fuel price increases and global Rolls-Royce engine issues as contributing factors in pushing its net profit down 31% to $270…
Auckland Airport focused on roading and infrastructure
Auckland Airport has posted $274.7 million underlying profit after tax, up 4.4% for the 12 months to June 30. The total number of passengers increased 2.8%…