Woolworths New Zealand is aiming to transition 100% of its home delivery trucks to be electric powered by 2030.
The transport and logistics company saw net profit for the period to 30 September drop 42.6% to $124.55m, reflecting a downturn in all its markets and across all its operations.
Mainfreight’s chief financial officer, Tim Williams, is retiring from the transport and logistics company post its year-end results in June 2024.
The development of a new $26.5m automated warehouse in Wiri for PepsiCo’s Bluebird Foods has entered the commissioning stage.
Move International will not be processing with the construction of the new vessel which was slated as part of its entry into coastal shipping.
Increasing fuel costs due to international upheavals will put more upward pressures on costs for businesses, the Road freight peak body Ia Ara Aotearoa Transporting New Zealand has warned.
Napier Port has launched a service that aims to better integrate the North Island supply chain for importers, exporters and freight forwarders.
Works to fix slips and road damage around Haast Pass will enable traffic management to move to a stop/go system from Monday.
The Transport Accident Investigation Commission has opened an inquiry into the grounding of the fishing vessel Austro Carina at Banks Peninsula.
Biosecurity New Zealand has bolstered its border force at Auckland Airport in preparation for the upcoming school holidays.
Kiwrail’s rail line to Napier has reopened following Cyclone Gabrielle, allowing rail freight to once again get to Napier Port.
The founder of spread brand Pic’s Peanut Butter is gearing up for World Car Free Day.
Eighteen roading projects across the West Coast will receive more than $22m in government investment from the $419m Transport Resilience Fund.
Distribution business Freightways says it is on track to be admitted to the ASX on Tuesday 12 September 2023.
Move Logistics has fallen to a $7.2m net loss after tax after a significant slowing in its freight division.
A new Central Otago airport will help the region’s food exporters thrive by providing more efficient connections and easier access to workers, says Christchurch Airport.
NZ’s first national freight and supply chain strategy sets out the direction of travel across a 30-year timeframe towards a low emissions, high resilience future.
New capacity in Freightways’ temperature-controlled network will be a “game-changer” after a year marred by Cyclone Gabrielle and Cook Strait ferry disruption, according to the company’s bosses.
The government is looking to pump an additional $5bn into New Zealand’s transport industry, bringing funding to $20.8bn between 2024-2027, with the proceeds coming from increased fuel taxes and road user charges.
Mainfreight boss Don Braid struck a downbeat note at the company’s annual shareholder meeting, warning of “a sobering year or more ahead of us as we cope with a global recession”.
Mainfreight says it is adopting a more prudent approach to cost management and will remain sales-focused in the face of an incoming slowdown.
A food & beverage supply chain initiative has been confirmed as among 19 transport projects to share in $6.4m of funding from the government’s Low Emission Transport Fund.
A storage space optimiser for dry good products developed by Gladfield Malt has applications for the dairy industry, and other food system manufacturers.
All state highways around Tairāwhiti, Gisborne and Hawke’s Bay have been reopened with the successful completion of the Hikuwai bailey bridge.
A New Zealand-owned charter cargo airline is set to increase air freight capacity in New Zealand for importers and exporters.
Mainfreight posted an 8.8% increase in revenue to $5.68bn in its annual result, with a pre and post-tax profit both up 20% to $587.4m and $426.5m respectively.
Lightning-fast order processing times will be the result when Cardinal, NZ’s largest privately-owned logistics company, completes its revolutionary warehouse.
The tools and tech to decarbonise freight in NZ are available now, but the problem lies in their integration and the understanding of the trade-offs at stake.
Freightways is looking at a circa $2m hit to its earnings before interest, tax and amortisation as a result of Cyclone Gabrielle.
The government is deploying Bailey bridges across six sites in the North Island to reconnect isolated communities impacted by Cyclone Gabrielle and the Auckland floods, according to Transport Minister Michael Wood.
The government’s announcement of $250m for assessing and fixing the roads post-Cyclone Gabrielle is a “great start,” according to the National Road Carriers Transport and Logistic Advisory Group, but the but the final number is going to be significantly higher.
Big Chill revenue rose 5%, contributing to a 28% jump in revenue in Freightways’ express package division.
Trucking companies are ready to deliver supplies to places that have been cut off by slips, flooding and tree falls as soon as the roads are passable, according to the National Road Carriers Association.
Foodservice distributors suffer short-term power outages and disrupted deliveries across the North Island.
Logistic company Mainfreight is on track for a “satisfactory” improvement in its full year results to 31 March 2023, but warned of softening revenue and profit before tax levels for both the USA and Asia.
Fonterra has signed a five-year contract to install Eroad fleet management hardware across its fleet of 500+ milk tankers.
Businesses and consumers should prepare for increased transport costs as road user charge increases and Russian diesel sanctions take effect next month, says national road freight industry group Ara Aotearoa Transporting New Zealand.
New Zealand-founded posh tonic company East Imperial has signed up a distributor in Vietnam.
Craig Evans will start in the top job at Move on 1 February 2023, replacing current executive director Chris Dunphy as the company continues with a business turnaround programme commenced in August 2021.
The company’s latest results tell a familiar food sector story of rising costs eating into profit, with revenue relatively flat in this case.
The meal kit company is mulling a multi-million dollar move to improve efficiencies in its North Island operations, as part of plans to shore up its waning performance.
An initiative to reduce emissions by matching freight with existing capacity is among 11 transport projects to share $2.14m in government support.
Move Logistics Group has said that following an unexpected contract loss of circa $14m revenue, full year results for its freight division will be below expectations.
“We continue to be confident of trading conditions for the remainder of the financial year, albeit cognisant of economic headwinds and declining seafreight rates and volumes leading into the new year,” the company said.
The Productivity Commission will investigate the New Zealand economy’s vulnerability to ongoing supply chain disruptions and identify ways to improve resilience.
Mainfreight first half performance is on track to come in ahead of expectations, with its revenue forecasts jumping 32.5% to just over $3bn.
Transport group Move Logistics says it is expecting to come in ahead of last year’s underlying EBITDA from continuing operations of $54.3m.
Move Logistics Group has walked away from its proposed $15.2m acquisition of domestic bulk liquids and dry powder transport provider Fluidex.
Move Logistics Group has signed a $15.2m agreement to acquire the business and assets of Fluidex Transport, a domestic bulk liquids and bulk dry powder transport provider with recurring revenue of $11m.
Fresh and frozen logistics business Big Chill helped its parent Freightways maintain momentum in 2022.
Bidfood, Halls, PBT Transport and Toll New Zealand are among a group of companies taking part in Christchurch City Council emission-reduction projects using FUSO eCanter fully electric trucks.
Mainfreight’s share price closed up 6.3% at $75.50 yesterday after an upbeat update at its annual meeting on Thursday.
Global shipping company Maersk has set up a new Less-than-Container-Load service connecting Australia to New Zealand.
New Zealand’s first electric milk tanker has been officially launched by Minister for Energy and Resources Megan Woods in Morrinsville.
Global shipping and logistics company Maersk has appointed Apollo Projects to lead the design and build of its new facility at the Ruakura Superhub.
The Transport Accident Investigation Commission has issued a reminder that repair and maintenance should be performed under controlled conditions, and noted that forced and resonant vibration in engine rooms can be problematic.
Move Logistics Group is looking to grow its supply chain market share by expanding its presence in dairy and oceans, appointing two new general managers to lead its efforts in those sectors.
The new facility will shore up its South Island chilled supply chain and comes just weeks ahead of the opening of its $150m Auckland Fresh DC.
Move Logistics Group is undertaking further proposal development after being included as one of four firms receiving $30m co-investment from Waka Kotahi for a coastal shipping pilot.
The transport and logistics company delivers an 89% leap in annual net profit with record revenue topping $5bn.
Four transport firms will share government funding of $30m to help pilot a coastal shipping initiative.
The newly rebranded company behind the sparkling herbal drink inks a deal to help drive sales from new channels.
The global freight giant is building its first cold storage facility in NZ on the back of strong demand from food exporters and importers.
The Commerce Commission has identified concerns around the supply of cold storage in the Waikato and Bay of Plenty region in respect of Lineage Logistics’ proposed acquisition of Cold Storage Nelson.
Freightways says the impact of Omicron on its business could be as much as $7m due to lower volumes and higher operating costs due in part to absent staff.
Transport and logistics specialist Move Logistics Group has downgraded its full year earnings guidance on the back of Covid-19 and economic pressures disrupting trade and its investment plans.
Transport and logistics specialists Move Logistics Group has applied for dual listing on the ASX, alongside its NZX listing.
The fruit and vege co-op will slash 40% from the power bill at its new warehouse and banana ripening facility, and is considering retro-fitting other buildings in its portfolio.
The government has launched its supply chain consultation document to help future-proof New Zealand against disruption.
The Commerce Commission is running a rule over competition issues that could arise from the proposed acquisition of Cold Storage Nelson by global giant Lineage Logistics.
Disruption is expected to continue into 2023 with pricing to remain high for years.
The government will cut road user charges by 36% across all legislated rates from late April to late July 2022.
The cost of greener shipping, from the Financial Times.
The company also said today that its Ukraine office was closed as a result of Russia’s invasion of the country two weeks ago.
National Road Carriers is warning a sharp rise in fuel prices will result in increased freight costs.
The supply chain is being hammered with consumers warned to expect gaps.
Essential categories and lines will be prioritised as inbound product capacity at DCs is squeezed by Omicron absenteeism.
Pāmu has posted a net profit after tax of $41m for the half-year ended 31 December 2021, up from $8m in 2020 as commodity prices increase across its forestry and farming portfolio.
The freight carrier, which recently bought Big Chill and ProducePronto, says it is open to complementary acquisition opportunities.
Freightways is investing $40m into a new Waikato cold store to meet growing demand for its fresh and frozen logistics business.
Logistics providers are tapping into a global shift away by FMCG from a ‘just-in-time’ towards a ‘just-in-case’.
Its NZ vaccine mandate has kicked in and navigating constraints due to Omicron-enforced absenteeism is cited as its top priority.
Proposed Rolleston development could add a fifth DC to Countdown’s national network, with focus on fresh and perishable product lines.
The latest deal sees Freightways expand its grip over the express chilled and frozen food transport sector following 2020’s Big Chill purchase.
Ashburton bridge reopened to trucks on Thursday morning after stress testing showed the flood-damaged structure was stable.
The Canterbury company says it has been challenging getting its tankers to suppliers.
South Island food and beverage distributors have been hit by the severing of vital transport links.
The duo join partners to plot a low emissions future for New Zealand’s freight sector.
The kiwifruit co-op is bolstering its shipping fleet by adding three new vessels.
