Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Auckland, Napier ports team up with Icepak for P'North hub

Auckland, Napier ports team up with Icepak for Palmerston North hub

By Paul McBeth

Aug. 13 (BusinessDesk) - Ports of Auckland, Napier Port and storage and logistics group Icepak New Zealand have set up a joint venture to build an inland port and freight hub in Palmerston North.

The proposed $20 million development would transform the Longburn freezing works into an intermodal logistics and manufacturing hub, which would be connected to the main rail line, the companies said in a joint statement. Ports of Auckland said the initiative is part of a wider plan to build a cost-effective freight distribution network through the nation, and it plans to announce more developments.

"This places the port gate on the doorstep of the region's importers and exporters, creating opportunity for both and driving cost out of the supply chain," POAL chief executive Tony Gibson said. "Currently imports come south from Auckland but not much goes back."

The announcement comes more than a month after Auckland's rival Port of Tauranga announced a freight deal with the Fonterra Cooperative Group and Silver Fern Farms-led logistics company Kotahi, which resulted in it winning a slot in Maersk's Southern Star service from Ports of Auckland.

Icepak already owns the brownfield Longburn site, and will start work to link it with an existing cold store it owns on site.

"With well-developed rail and road connections to other centres, good infrastructure and plenty of space to grow and locate supporting industries, we think it's a winner," Icepak chairman Wayne Grattan said. "Development of the hub enables the clean-up and reuse of a brownfield industrial site, with extensive recycling of the old building materials into the new development."

The joint venture is in talks with KiwiRail to finalise the state-owned rail operator's services.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news