NZTD News

The Light Traffic Index (LTI) fell 1.3% in June and is 0.9% higher than a year ago. The more volatile Heavy Traffic Index (HTI) also fell 1.3% in the month, but is up 3.0% 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, with variation reflecting discretionary spending on outings, movement of couriers and tradespeople etc. 

The trend in light traffic is very mildly ...

ITS Asia-Pacific Secretary-General, Mr Akio (ACE) Yamamoto with ITSNZ Chair and President, Mr Armin Guttke with the signed hosting agreement in Suwon, Korea. 

Tāmaki Makaurau Auckland will host the 21st Asia-Pacific Intelligent Transport Systems Forum (AP ITS) in 2027, a three-day event focused on advancing the future of intelligent transport solutions. 

The forum will take place from 5 to 7 May 2027 at the New Zealand International Convention Centre (NZICC), bringing more than 1000 delegates and an est...

NZ Transport Agency Waka Kotahi (NZTA) will soon begin construction of two sets of average speed safety cameras to improve safety in Bay of Plenty.

Average speed safety cameras are being used by NZTA to reduce serious crashes along high-risk corridors and roads. The technology is internationally proven to be highly effective at reducing deaths and serious injuries on longer sections of road. The cameras work by calculating a vehicle’s average speed over a length of road between two cameras. 

One pair will be...

Daimler Truck Holding AG has unveiled its ambitious “Stronger 2030” strategy, aiming to significantly boost profitability and shareholder returns through a combination of European cost-cutting, targeted growth, and a pragmatic technology roadmap.

During its Capital Market Day 2025, the company announced upgraded financial targets, including an adjusted return on sales (adj. ROS) of more than 12% for its Industrial Business by 2030, alongside a new share buyback program of up to €2 billion.The comprehensive strategy is ...

The Ministry of Transport’s surprise cancellation of a long-anticipated freight study has been slammed by national freight body Transporting New Zealand, who says it will leave policymakers guessing when it comes to investing in road, rail and coastal Shipping.

The Ministry of Transport has decided not to proceed with a new iteration of the National Freight Demand Study, despite having already sunk $164,000 on external advice relating to the project.

Previous Demand Studies looked at total changes in freight move...

The Government’s responsible fiscal management has supported the Reserve Bank to keep the Official Cash Rate low, Finance Minister Nicola Willis says. 

The Reserve Bank of New Zealand today announced it would keep the Official Cash Rate (OCR) at 3.25 per cent while continuing to foreshadow further reductions in the OCR.

“There has been a 2.25 percentage point reduction in the Official Cash Rate since August last year – easing the cost of borrowing and delivering much needed cost of living relief for many New...