Freightways shareholders scrutinise 7.5pc rise in directors fees
A 7.5 percent increase in directors' fees came under scrutiny by Freightways shareholders today - a trend evidenced at other annual general meetings this year.
A 7.5 percent increase in directors' fees came under scrutiny by Freightways shareholders today - a trend evidenced at other annual general meetings this year.
Mainfreight co-founder Neil Graham has died, aged 71 - just days after talking of Rugby World Cup plans.
It is thought to be one of the highest emotional harm payments awarded in this country.
Trucking companies see women as a large untapped labour pool that may ease a growing driver shortfall.
However, it had a much better 12 months to June 30 than a year earlier, improving EBITA 17 per cent to $91 million.
Freightways lifted annual profit by 4 per cent on increased sales from express packages, business mail and information management.
Airwork will spend between $95 million and $105 million on expanding its Boeing 737 fleet during the next year.
Ports of Auckland's inability to expand could push up the price of cars and freight, while cruise ships could bypass Auckland.
Newly formed New Zealand freight management business Coda has appointed former Olympic rower Scott Brownlee as its chief executive.
The Auckland Chamber of Commerce is supporting a halt of work on two large wharf extensions into the Waitemata Harbour.
A legal challenge to the lawfulness of two wharf extensions in the Waitemata Harbour will be heard in June.
Several councillors have leapt to the defence of Ports of Auckland, the council-owned company facing public and political pressure to halt work on two new wharf extensions into the Waitemata Harbour.
Pressure is growing on Ports of Auckland to stop construction of two massive wharf extensions into Waitemata Harbour.
Heads could roll over Ports of Auckland expansion plans, according to a senior Auckland Council source.
Ports of Auckland is not ruling out a pause in construction on two massive wharf extensions into the Waitemata Harbour.
Ports of Auckland is planning an offensive this week to sell its expansion plans to Aucklanders, using the carrot of releasing Captain Cook Wharf for public use.
The majority of Auckland councillors now want a rethink on the controversial proposed expansion of the port.
Auckland's Waitemata Harbour has been "turned from a harbour into a river", by Ports of Auckland expansion, yachting great Chris Dickson says.
Over the past month, Ports of Auckland has made announcements about its intention to extend wharf structures out from Bledisloe Wharf.
Prominent business leaders, sailors, architects, musicians have signed an open letter demanding that Ports of Auckland 'stop stealing our harbour'.
Mainfreight expects annual profit to rise as much as 7.1 per cent on revenues in excess of $2 billion.
There is a certain irony that at a time Auckland is celebrating its founding as a port city 175 years ago, calls are growing to move the port elsewhere.
A protest group of concerned Aucklanders has joined the outcry against two large wharf extensions by Ports of Auckland, which eventually wants to reclaim 3ha of seabed between the wharves.
Ports of Auckland will start work in April on the first step to reclaim more of the Waitemata Harbour.
Fliway, a transport and logistics company owned by Duncan and Gretchen Hawkesby, has confirmed it will be the first new listing on the NZX this year.