Freight & Logistics
Ports, rail, shipping, air freight and the logistics companies moving New Zealand’s goods.
Port of Tauranga lifts half-year profit to $70.2m
Port of Tauranga has reported a 16.6% increase in half-year net profit after tax to $70.2 million and lifted its full-year earnings guidance with performance driven…
Move Logistics narrows loss, expects positive earnings in second half
Move Logistics Group has reported an improved first-half result with the company saying it remains on track to deliver positive normalised earnings for the full year…
US strikes on Iran rattle markets, raising fuel and freight concerns for NZ
Global oil prices have spiked following unprecedented joint US and Israeli strikes on Iran, raising fresh concerns about fuel costs and supply chain disruption for New…
Seven new warehouse units planned at Ruakura Superhub
Tainui Group Holdings and joint venture partner Brookfield Asset Management have announced plans to develop seven new flexible warehouse units at Ruakura Superhub, aimed at supporting…
5G network rolled out at Lyttelton Port
Lyttelton Port Company has introduced a private 5G network, delivered in partnership with 2degrees and Ericsson Enterprise Wireless Solutions, as part of a digital transformation for…
Road freight sector seeks certainty on Cook Strait capacity through to 2029
The road freight sector says maintaining reliable Cook Strait ferry capacity through to 2029 is a key industry priority, following a major ferry update in Blenheim…
Peters hails KiwiRail turnaround
Rail Minister Winston Peters says KiwiRail’s improved half-year result shows that “no-nonsense commercial discipline” is delivering results after years of underperformance. KiwiRail reported a $73.4 million…
KiwiRail lifts first-half surplus to $73.4m, on track for $160m full-year target
KiwiRail has posted a sharp lift in its first-half result, reporting an operating surplus of $73.4 million for the six months to December 31, up from…
Port of Auckland posts 28% lift in half-year profit, declares $26m dividend
Port of Auckland says it is on track to meet its FY26 performance targets after reporting a 28.1% increase in underlying net profit for the six…
Air NZ posts $40m half-year loss
Air New Zealand has reported a $40 million net loss for the first half of the 2026 financial year as ongoing global engine maintenance delays, slower…