Port Otago reports substantial profit
NewsPort Otago’s 2023/24 financial report reveals a 30% increase in net profit, reaching NZ$ 30.4 million (US$ 19 million), driven by four core business units.
Owens Group sheds box interests
New Zealand’s Mainfreight, new majority owner of the country’s Owens Group, has almost completed a comprehensive clean-out of what it deemed Owens’ non core and loss making activities, in the process shedding almost all container activities.
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