News: Downer wins new Dunedin roading contract

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Downer has won a new multi-million dollar Dunedin City Council road maintenance contract, which also marks a significant shift in the way the work will be reported and assessed.

Three contracts previously covered the work covered by the new contract, which starts on 1 July, and has a value of $45 million for the three-year period.

Formerly Fulton Hogan was holding the urban and rural road network contracts, and Downer was holding the signs and markings contract. Continue reading “Downer wins new Dunedin roading contract” »

Downer has won a new multi-million dollar Dunedin City Council road ma ...

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News: Industrial premise shortage driving up rents

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A report by Colliers International says a critical shortage of industrial buildings around the country is driving up both rents and purchase prices for buildings, particularly in Auckland and Wellington where the market is capacity constrained.

“Developers have upped the ante, but they too are experiencing constraints in land availability, pricing, and suitable infrastructure, as well as increasing material and labour costs,” says Collier’s research and consulting director Chris Dibble.

Colliers national director of industrial sales and leasing, Greg Goldfinch says the message is that tenants and purchasers are having to ‘meet the market’ – especially in areas of very low levels of supply like parts of Auckland and Wellington. Continue reading “Industrial premise shortage driving up rents” »

A report by Colliers International says a critical shortage of industr ...

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News: Kiwis might see Alaskan in 2017

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The newly released Renault Alaskan one-tonne pickup is certainly on the radar of the local importer but as yet the French Manufacturer is not confirming production timing for right-hand-drive markets.

Sources close to Renault New Zealand told Auto Media Group they would expect to see the Alaskan releasing into the New Zealand market somewhere around mid to late 2017.

According to Groupe Renault one-tonne pickups account for 17% of the 5 million vehicles annually produced around the globe, and there is a projected market growth of 19% by 2019, of which the manufacturer wants a greater share. Continue reading “Kiwis might see Alaskan in 2017” »

The newly released Renault Alaskan one-tonne pickup is certainly on th ...

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News: Port Study allows Bledisloe wharf extension

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The Future Port Study has reached consensus on allowing Ports of Auckland (POAL) to extend Bledisloe Wharf by 25 metres by adding removable piles rather than reclaiming land.

Most of New Zealand’s imported vehicles and machinery come through the bulk and general cargo wharves at POAL which includes Bledisloe, Marsden, and Captain Cook

A member of the Future Port Study shipping federation executive Annabel Young told BusinessDesk the proposal for the Bledisloe extension would need to go through the standard consenting processes. Continue reading “Port Study allows Bledisloe wharf extension” »

The Future Port Study has reached consensus on allowing Ports of Auckl ...

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News: Shipping operators prefer Firth of Thames as future port

highres_11624046Shipping operators say they would favour a new port development at the Firth of Thames rather than the Manukau Harbour as a replacement option for the current Auckland port.

The Future Port Study is recommending further technical work on both of the identified options.

The two choices due for release today were leaked by media yesterday, and Shipping Federation executive director Annabel Young told BusinessDesk that “the cat is well and truly out of the bag.” Continue reading “Shipping operators prefer Firth of Thames as future port” »

Shipping operators say they would favour a new port development at the ...

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News: Z Energy brings jobs back to New Zealand

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As part of its projected cost savings between $25m – $30m through the acquisition of the Caltex chain of fuel stations from Chevron, Z Energy will relocate offshore services from Manila back to its Wellington headquarters.

Caltex budgeted $16.5 million for offshore services from its Philippines service hub in Manila, which Z Energy says it will merge into the Wellington-based operations, lowering the cost of its financial transactions, IT, and call centre activities.

Z Energy has committed to 12 months of employment for all Caltex Heritage staff, of whom five have elected to leave the organisation for personal reasons, and Z has decided not to replace some internal vacancies due to increased capability and resource across the two companies. Continue reading “Z Energy brings jobs back to New Zealand” »

As part of its projected cost savings between $25m - $30m through the ...

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News: Buses driving electric propulsion systems

volvo_hybrid_2There are many new types of electric buses such as pure electric double deckers and articulated buses arriving swiftly onto global markets according to UK industry research company IDTechEx.

According to IDTechEx Research, work by Siemens in Germany on long distance pure electric trucks charged by short lengths of overhead catenary could also apply to buses.

That should involve much lower cost than the other zero pollution option the fuel cell bus it says. Continue reading “Buses driving electric propulsion systems” »

There are many new types of electric buses such as pure electric doubl ...

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News: Business confidence rises – again

house-builderA lift in business sentiment, firms’ own activity expectations, and other indicators, are flagging an acceleration in economic momentum, according to the ANZ Business Outlook survey.

This is a huge boost for the automotive and transport sectors, which rely on confidence in the business sector as a catalyst for growth.

Business confidence lifted for the fourth month in a row in June, reaching a six-month high with a net 20% of firms optimistic about prospects over the coming year. Continue reading “Business confidence rises – again” »

A lift in business sentiment, firms’ own activity expectations, and ot ...

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