NZTD News

Port of Tauranga Limited has reported a mixed financial performance for the year ending June 30, 2024, showcasing resilience as New Zealand's largest port navigates a turbulent economic landscape and ongoing supply chain disruptions.

In its annual financial results released today, the Port revealed a total cargo volume of 23.6 million tonnes for the year, a decrease of 4.2% from 24.7 million tonnes in the previous year. Container volumes also saw a decrease of 2.5%, totaling 1,147,350 twenty-foot equivalent units (TEUs...

Businesses and freight companies utilising rail transport have collectively saved nearly 230,000 tonnes of CO2 emissions in the last financial year, according to data released by KiwiRail.

In the financial year ending June 30, 2024, the use of rail for freight transport resulted in a reduction of 229,434 tonnes of CO2 emissions, compared to the emissions generated by transporting the same goods by truck. This shift to rail also resulted in an estimated avoidance of one million heavy truck trips, effectively easing road...

Five nights of night closures begin on State Highway 2 Remutaka Hill, this Sunday (1 September).

State Highway 2 Remutaka will be closed Sunday to Thursday nights, between 9 pm and 4 am. Road crews will replace road signs, clean up graffiti, remove litter, clear slips, rockfalls, and drains, and fix safety barriers. While full closures are disruptive for drivers, it is the most effective way to complete the work.

Road crews can work faster than they would if the work was done under stop/go. Night closures cause l...

Work has now been confirmed to begin next month on the rebuild and reseal of a stretch of State Highway 3 at Burgess Park just south of New Plymouth. The work is scheduled to begin on Monday 16 September and is expected to run for approximately 8 weeks.

NZ Transport Agency Waka Kotahi (NZTA) Regional Manager of Maintenance and Operations Rua Pani says the start of the season has come sooner than expected for Taranaki.

“We know Taranaki has a busy summer of events coming up and we’ve scheduled these works now, to ...

Unsurprisingly there was some criticism of our support for congestion pricing after the Transport Minister said he was introducing legislation to allow this to go ahead.

Simon Wilson from The New Zealand Herald said it was “breathtaking arrogance” that we suggested truckies should be exempt from congestion pricing.

For those that thought I was being arrogant, I apologise because that was certainly not how I intended to come across. Road pricing is a highly emotive issue and in hindsight I should have better expla...

Port of Auckland has announced a surprising annual financial result, reporting an underlying net profit after tax (NPAT) of $55.2 million for the fiscal year ending June 2024. This figure represents a substantial increase of $10 million compared to the previous year, driven by revenue growth and enhanced market share.

In conjunction with the positive financial results, the port's Directors have declared a final dividend payment of $20 million to the Auckland Council, bringing total dividends for the year to $40 million...