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Wednesday 24 April 2024

Move Logistics

Move cancels coastal shipping vessel build 26th October 2023 /

Move cancels coastal shipping vessel build

Move International will not be processing with the construction of the new vessel which was slated as part of its entry into coastal shipping.


Move Logistics’ loss deepens 30th August 2023 /

Move Logistics’ loss deepens

Move Logistics has fallen to a $7.2m net loss after tax after a significant slowing in its freight division.


Move Logistics taps Mainfreight’s NZ country manager to be CEO 12th December 2022

Move Logistics taps Mainfreight’s NZ country manager to be CEO

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.


Move downgrades guidance after $14m contract loss 14th November 2022

Move downgrades guidance after $14m contract loss

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.


Move expects better earnings, acquires ship for trans-Tasman service 20th October 2022

Move expects better earnings, acquires ship for trans-Tasman service

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 walks away from $15m Fluidex deal 20th September 2022 /

Move walks away from $15m Fluidex deal

Move Logistics Group has walked away from its proposed $15.2m acquisition of domestic bulk liquids and dry powder transport provider Fluidex.


Move Logistics to add methanol-fuelled vessel 15th September 2022

Move Logistics to add methanol-fuelled vessel

Move Logistics Groups plans to order a new coastal roll-on, roll-off vessel capable of running on methanol fuel as part of its entry into coastal shipping.


Move to add Fluidex in $15.2m bolt-on acquisition 24th August 2022 /

Move to add Fluidex in $15.2m bolt-on acquisition

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.


Move moves on trans-Tasman shipping route, partners with BioMar 8th August 2022 /

Move moves on trans-Tasman shipping route, partners with BioMar

Move Logistics Group is gearing up its new oceans business with its first trans-Tasman sailing scheduled for Q4 2022.


Move Logistics creates dairy, oceans GMs 5th July 2022 /

Move Logistics creates dairy, oceans GMs

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.


Move accelerates coastal shipping plan 21st June 2022

Move accelerates coastal shipping plan

Move Logistics Group is accelerating its oceans strategy, having now entered a funding agreement for $10m of co-investment from Waka Kotahi NZ Transport Agency.


Move working on coastal shipping funding agreement 27th May 2022 /

Move working on coastal shipping funding agreement

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.


Move Logistics downgrades FY22 guidance 4th May 2022 /

Move Logistics downgrades FY22 guidance

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.


Move Logistics looks for dual listing on ASX 22nd April 2022

Move Logistics looks for dual listing on ASX

Transport and logistics specialists Move Logistics Group has applied for dual listing on the ASX, alongside its NZX listing.


ComCom runs rule over Lineage Logistics, Cold Storage Nelson deal 25th March 2022 /

ComCom runs rule over Lineage Logistics, Cold Storage Nelson deal

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.


Interims: Pāmu profit jumps, Move Logistics dips 22nd February 2022 /

Interims: Pāmu profit jumps, Move Logistics dips

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.