NZTD News

India's Tata Motors has officially confirmed its acquisition of Iveco Group for €3.8 billion. The all-cash deal transfers ownership of one of Europe’s most storied truck manufacturers to the Indian automotive giant, creating a new global player with significant reach across Europe, India, and the Americas.

Tata Motors will acquire Iveco through a voluntary public tender offer at €14.1 per share. The transaction, which has the unanimous backing of Iveco's board and its largest shareholder, Exor, is expected to be finali...

TDX, a proudly New Zealand-owned and operated heavy equipment distributor, is thrilled to announce a new partnership with global machinery innovator FUCHS - a Terex brand.

Effective immediately, TDX has strengthened its material handling offering by becoming the exclusive authorised distributor of FUCHS material handlers in New Zealand. This milestone partnership was officially announced at the NZ Association of Metal Recyclers (AMR) Convention.

The partnership brings together two companies with aligned values an...

National Road Carriers members know that I’ve been investing a lot of time in raising the profile of the importance of the freight task to the economy. This week I joined Kathryn Ryan on her Nine till Noon morning show to discuss how we’ve fallen behind Australia on freight and supply chain strategy – and the impact that’s having on our economy.

At first glance, that might seem a step removed from the practical realities of getting goods delivered. After all, isn’t it obvious? Of course we need an efficient freight sys...

At EROAD Fleet Day National Road Carriers (NRC) announced it has teamed up with the Energy Efficiency and Conservation Authority (EECA) to help tackle one of the biggest challenges facing the freight sector – the shift to low and zero emissions heavy vehicles. Together, they are relaunching NRC’s widely used Cost Model, a business tool that has proven invaluable to thousands of freight operators nationwide, equipping them with clear insights into the real cost of running their business. It has enabled informed decisions arou...

Inconsistent approach to managing risk remains a challenge

Media interest this week demonstrates what a challenging and weird environment we live in now.

We had good news with the Minister of Transport announcing that the cost of managing traffic on state highway maintenance projects has fallen from 15.8 per cent to 8.8 per cent.  From what the previous Transport Minister, Simeon Brown, said in November last year there was about a quarter of a billion dollars being spent ann...

The landscape of New Zealand's heavy transport industry is poised for a seismic shift as electric trucks are now directly competing with their diesel counterparts on both price and weight. Spearheading this change, Etrucks has announced it is the new New Zealand distributor for Deepway, introducing a BEV semi-tractor that brings the long-awaited goal of price parity within reach. This development, coupled with the launch of new ultralight electric models, signals a pivotal moment for the nation's push towards decarbonised lo...