NZTD News

NZ Transport Agency Waka Kotahi’s announcement that State Highway 1 over the Brynderwyn Hills will remain closed until the end of June is not a surprise following two significant slips late last month, says National Road Carriers Association CEO Justin Tighe-Umbers. 

He said road transport operators will continue to utilise the diversion routes that add between 60 to 140 kilometres to their journey. Increased costs caused by the diversions are being passed through to customers.

NZTA said State Highway 1 at t...

The Light Traffic Index (LTI) fell 1.3% m/m in April, while the Heavy Traffic Index (HTI) rose 0.3% m/m after falling the previous month. Unusually, the trend in heavy traffic has been steadier than GDP data over the last couple of years. Unlike per capita GDP, it looks nothing like 2008.

Light traffic (motorbikes, cars and vans) is generally a good indicator of the state of demand, as opposed to production. In the absence of sudden shocks, the light traffic data provides a 6-month lead on momentum in the economy – var...

STL Linehaul 2023 Ltd, a long-standing trucking firm based in Christchurch, has gone into liquidation, leaving creditors owed over $1.7 million.

The decision to place the company into liquidation was made on May 1, following a resolution by its shareholders. The task of overseeing the liquidation process has been entrusted to the licensed insolvency practitioners Brenton Hunt of Insolvency Matters, along with Steven Khov and Kieran Jones of Khov Jones, who have since been appointed as the company's liquidators.  .. Read More  

The New Zealand Infrastructure Commission, Te Waihanga, has published a monitoring report looking at progress against New Zealand’s first Infrastructure Strategy.

"We’re seeing some good progress against the Strategy’s objectives, including a focus on enhancing the resilience of critical infrastructure. Other progress includes revisions to standard construction contract (NZS 3910) to improve risk allocation and modernise key provisions, Treasury’s measures to strengthen Quarterly Investment Reporting for central govern...

Before I get to discussing the economic downturn, this week has seen some positive historic events for our organisation. On Wednesday, following a lot of work from our members and directors, our two North Island regional associations unanimously approved the adoption of our new constitution. Our two South Island associations will hold similar meetings in the coming weeks.

Subject to the outcomes of these two meetings, the Transporting New Zealand Board and Regional Presidents will gather in Wellington on 28 May to form...

Recently at least two transport operators have hit the headlines for the all the wrong reasons. Failing to look after their people, both fell foul of the Employment Authority and had to pay the price, literally. One operator was ordered to pay an employee $55,000 on wages arears, holiday pay and Kiwisaver entitlements. That business unfortunately went into liquidation as a result.
.. Read More