NZTD News

Transportation technology services company EROAD Limited has announced that Selwyn Pellett, EROAD’s non-independent, non-executive director, has resigned from the Board.

Mr Pellett’s resignation is due to unforeseen personal family reasons, and is effective immediately. While Mr Pellett had indicated an intention to retire as part of the Board’s ongoing refresh, these recent circumstances have accelerated his decision. Mr Pellett remains committed to the company as a shareholder and supportive of the Board and manageme...

According to the latest report, the Light Traffic Index (LTI) rose 1.3% m/m in October, while the Heavy Traffic Index (HTI) rose 3.0%. Heavy traffic is down 0.1% y/y, while light traffic is down 0.4% y/y. 

Light traffic (motorbikes, cars and vans) is generally a good indicator of the state of demand, as opposed to production. It typically provides a six-month lead on momentum in the economy – variation reflects discretionary spending on outings, movement of couriers and tradespeople etc. The trend in light traffic...

It would be easy to think you’ll be able to hire staff when the economic recovery starts. After all, we’ve got unemployment edging up towards five per cent. 

Well, here’s a word from the wise – people who’ve been through a few economic cycles: Think again. 

Good people who have been laid off in New Zealand recently are not hanging around. Pay rates for capable drivers in Australia can be eye-wateringly good and the cost of housing and day to day living is a lot lower than it is here. Those who are not t...

Upgrades to Nesbitt’s Dip on State Highway 2 (SH2) and Rototahe on State Highway 35 (SH35) will go ahead as a result of improved efficiencies in the Government’s North Island Weather Event recovery programme, Transport Minister Simeon Brown says.

“Regions in the North Island suffered extensive and devastating damage from Cyclone Gabrielle and the 2023 Auckland Anniversary Floods. As part of Budget 2024, our Government committed $609.25 million for state highway recovery to restore roads back to their previous condition...

Interislander is implementing an array of improvements, especially in change and contractor management, to ensure the successful future integration of new systems on its ferries, Interislander Executive General Manager Duncan Roy says.

The Transport Accident Investigation Commission today released a “Final interim factual report” on the grounding of Aratere on 21 June. The report does not include any findings or recommendations.

“The safety of our customers, the public and our people is paramount. Our response to...

The NZ Transport Agency (NZTA) Board has confirmed next steps on the SH1 Wellington Improvements Road of National Significance (RoNS), including an expanded package to reduce Wellington’s gridlock and support economic growth, Transport Minister Simeon Brown says.

“Our Government is committed to delivering a second Mt Victoria Tunnel for Wellington to reduce congestion and unlock national and regional economic growth. I’m pleased to see the NZTA Board confirm the next steps for this RoNS to deliver on this commitment, i...