BDBDFreight and logisticsKiwiRail proposes $6b asset writedown, capital restructureKiwiRail, the state-owned railroad, has proposed writing down its assets by $6 billion, halving their current value which is too high given the commercial realities of the business.27 Oct 11:00 PM
Freight and logisticsRena clean-up bill could hit $100mThe crippled MV Rena could be a blot on the Bay of Plenty coastline well into next year if bad weather doesn't smash it apart and the cost of the clean-up and long salvage operation could stretch to $100 million.27 Oct 04:30 PM
BDBDFreight and logisticsCostamare gets 32pc yield on ships like Rena, documents showCostamare told investors it purchased secondhand container ships, including the Rena, at a good time and is making a yield of 32 per cent on them.19 Oct 08:30 PM
Freight and logisticsA new dawn for Auckland's Wynyard QuarterSupport will be needed from tech firms to bring this unique, ambitious project alive.16 Oct 08:30 PM
Freight and logisticsSuperliner kicks off promising cruise seasonThe 90,000-tonne superliner Radiance of the Seas makes its first call to Auckland today.10 Oct 04:30 PM
AirlinesJetstar takes on Air NZ with $7 Queenstown fareJetstar is selling limited $7 fares today to promote its new Wellington-to-Queenstown route.25 Sep 04:30 PM
Freight and logisticsPort of Tauranga tips 25pc traffic jumport of Tauranga is expecting a big jump in container traffic after being chosen by the MSC shipping line as its only New Zealand stop off.29 Aug 12:00 AM
Freight and logistics Freightways profit up, despite Chch quakesFreightways reported a 7pc rise to $31 million in full year profit, as operating revenue also rose 7pc to $353m.14 Aug 11:30 PM
Freight and logisticsMainfreight first quarter profit doublesMainfreight is reporting its first quarter net surplus after abnormals rose 109 per cent to $14.2 million.10 Aug 11:30 PM
ConstructionTwo-horse race for Waterview link roadAustralia's Leighton and New Zealand's Fletcher compete for motorway project.08 Aug 05:30 PM