News: Battle of the Canterbury inland ports begins

3990Transport minister Simon Bridges says the opening of the new Metroport Christchurch inland port and freight hub will drive competition between port operators in the region.

The new Port of Tauranga owned facility in Rolleston near Christchurch, will face competition from a new Littleton Port of Christchurch (LPC) facility called MidlandPort which will also be built in the same area.

The transport ministers’ words were prophetic because as he officially opened Metroport on Friday July 31, LPC issued a statement to media confirming that construction of its new MidlandPort facility was underway. Continue reading “Battle of the Canterbury inland ports begins” »

Transport minister Simon Bridges says the opening of the new Metroport ...

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News: Heavy duty Cat pounces at Perth truck show

Goldstar-CT630HD

West Australian dealer WesTrac has received levels of enquiry beyond expectation for the new triples-rated Cat Trucks CT630HD model at the 2015 Perth truck and trailer show.

The two HD models on display were sold before the show doors opened.

“We knew there would be plenty of interest in the CT630HD but the level of enquiry for the full range of Cat trucks was beyond our expectations,” says Westrac Cat trucks business unit manager Peter Calligaro. Continue reading “Heavy duty Cat pounces at Perth truck show” »

West Australian dealer WesTrac has received levels of enquiry beyond e ...

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News: Allied opens Hamilton 24/7 fuel stop

Hamilton-Fuel-Stop-6

Allied Petroleum has opened a purpose built truck stop in Hamilton as part of its network expansion.

The new site at 4 Crawford Street, operates 24 hours and seven days a week and offers easy access for commercial vehicles travelling both north and south on State Highway 1.

Allied Petroleum is part of the Southland-based HW Richardson Group. The company have a national network of truck stops including metropolitan locations that carry multiple fuel grades, and main highway diesel stops. Continue reading “Allied opens Hamilton 24/7 fuel stop” »

Allied Petroleum has opened a purpose built truck stop in Hamilton as ...

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News: Tauranga Eastern Link (TEL) opens ahead of schedule

20111221-tel-progress-1-500New Zealand’s newest stretch of state highway – the Tauranga Eastern Link (TEL) – will open to traffic on Monday August 3, five months ahead of schedule according the New Zealand Transport Agency.

The $455 million NZTA project took more than four years to construct 21 kilometres of four-lane, median divided highway which runs from Te Maunga in Tauranga through to the new Paengaroa roundabout, which replaces the former junction of the Rotorua and Whakatane highways.

The project involved 550,000 square metres of new road, more than three million cubic metres of earthworks and saw seven new bridges built. All up there were more than 1.5 million hours worked. Continue reading “Tauranga Eastern Link (TEL) opens ahead of schedule” »

New Zealand’s newest stretch of state highway – the Tauranga Eastern L ...

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News: Transport, logistics, and construction rich list for 2015 announced

772394_173455_G4The National Business Review has published it’s rich list index which reveals a who’s who of individuals and families whose fortunes are tied to the trucking/construction/heavy equipment industry through sales, distribution and logistics services.

At number 7 on the index is the Goodman family worth $1.2 billion. The Goodman Group controls more that $29 billion worth of commercial and industrial property assets including warehousing and offices for transport and logistics operators. The Highbrook business park in Auckland is one such Goodman development. 

The Spencer family are placed at number 13 on the index with a net worth of $720 million according to NBR. Their automotive business interests include distribution of the Hyundai, Hyundai trucks, Renault cars and light commercial vehicles, and Isuzu Ute brands. Continue reading “Transport, logistics, and construction rich list for 2015 announced” »

The National Business Review has published it’s rich list index which ...

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News: Traffic changes ahead at SH20A Kirkbride Road

CroppedImage600600-20140512-kirkbride-road-intersection2Traffic movements at the intersection of SH20A and Kirkbride Road near Auckland International Airport will be restricted from Monday 10 August until March next year.

To allow for construction of the new motorway interchange, drivers will be unable to turn right from Kirkbride Road onto the state highway. There will also be no left turn onto Kirkbride Road for drivers travelling north from the airport.

An additional right turn lane from SH20A onto Montgomerie Road has been temporarily installed to improve access into the Airport Oaks area during construction works at Kirkbride Road. Continue reading “Traffic changes ahead at SH20A Kirkbride Road” »

Traffic movements at the intersection of SH20A and Kirkbride Road near ...

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News: Heartland profit rises to $48 million

marac_1Heartland New Zealand – the parent of vehicle and equipment financier MARAC – is forecasting a net profit after tax (NPAT), for the year ended June 30, 2015 , of approximately $48m.

This result is preliminary and subject to finalisation.

Given heightened market interest in the dairy sector in New Zealand, Heartland says its exposure to dairy is currently 7.6% of its total lending book. The average loan to value ratio (LVR) for Heartland’s dairy exposures is 61%. However, it is important to note that LVRs are only one of the indicators of loan quality. Continue reading “Heartland profit rises to $48 million” »

Heartland New Zealand - the parent of vehicle and equipment financier ...

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News: Former head of Todd Motors dies

John-ToddThe former managing director of Todd Motors, and former chairman of Todd Corporation, Sir John Todd (88) died at his Wellington home last night after a period of ill heath.

The patriarch of one of New Zealand’s wealthiest families, Sir John was knighted in 2011 after retiring from the helm of the Todd Corporation, according to the New Zealand Herald.

He was a philanthropist, as well as a patron of the Arts, and chairman of the family’s charitable Todd Foundation. Continue reading “Former head of Todd Motors dies” »

The former managing director of Todd Motors, and former chairman of To ...

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