NZTD News

Last Sunday, a quiet afternoon resting with the family after a busy morning at the school fair, my phone lit up with TVNZ wanting comment on the closure of the immigration pathway for truck drivers.

What closure I asked?  

Turns out that we, along with the rest of industry, were blind-sided by the Minister of Immigration announcing that the special immigration status for class 4 and 5 truck and bus drivers was revoked with immediate effect.

This was a surprise in more ways than one, not checking in wit...

According to the latest Truckometer, the Light Traffic Index (LTI) rose 0.1% m/m in March, while the Heavy Traffic Index (HTI) fell 1.8% m/m after a couple of strong months. While both indices have a mild upward trend, in per capita terms light traffic is trending down while heavy traffic is pretty flat. 

The Light Traffic Index was little changed while the Heavy Traffic Index fell 1.8% in March, but is still up 2% for Q1 as a whole, suggesting low but positive GDP growth (we’ve pencilled in +0.2% q/q). However, t...

Ritchie Bros, a renowned leader in the global auction industry, is excited to announce the upcoming New Zealand National Auction scheduled for May 23, 2024, at the Ritchie Bros. yard located in Drury. With a proven track record of facilitating successful auctions, Ritchie Bros. invites sellers from all corners of New Zealand to consign their equipment and machinery for this highly anticipated event. 

Dom McGlinchey, Regional Sales Manager at Ritchie Bros., expresses his enthusiasm, stating, "The New Zealand Nation...

The sudden closure of the Work to Residence pathway for truck and bus drivers could risk slowing the economy, and increasing costs for businesses and families, Transporting New Zealand says.

The Minister of Immigration announced on Sunday that the Work to Residence pathway for bus and truck drivers is closing to new applicants, alongside several other changes to the Accredited Employer Worker Visa (AEWV) scheme.

The Residence Pathway was established under the Transport Sector Agreement, confirmed in April 2023, w...

Waste Management NZ Limited has converted its entire debt financing into a sustainability-linked loan, the second largest SLL transaction in Aotearoa New Zealand to date at NZ$1.1bn.

WM New Zealand Managing Director Evan Maehl says this is a critical activity which supports the revised strategy, WM Porohita. The strategy, with its name meaning ‘to be circular‘ has an ambition to power a carbon-neutral circular economy for the future generations of Aotearoa New Zealand.

Mr Maehl says the SLL recognises the work th...

Scania NZ is pleased to announce the appointment of new Service Director - Fernando Bustamante.

Fernando comes on board from his previous role with Scania Iberica (Spain and Portugal) as a Services Director based in Madrid. In New Zealand he leads an eight-person team focusing on Scania’s service dealer network.

“I am very motivated about my leadership role in an area of the business that Scania NZ has committed significant, ongoing investment in,” says Bustamante.

“From the development of new service centr...