Reeling from more exotic investments which imploded during the credit crisis. major investment banks are now turning their attention to infrastructure projects with transportation high on the hit list. Kohlberg Kravis Roberts, Carlyle Group, Goldman Sachs, Morgan Stanley and Credit Suisse are among the investors who have amassed an estimated $US250bn to finance a wave […]

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Expanding Auckland’s arterial roading network is becoming more like chasing a pot of gold at the end of the rainbow with the completion date of another major project delayed. The Auckland-Manukau Eastern Transport Initiative (Ameti) - essentially the defunct eastern motorway in drag, is now unlikely to be completed before 2030 , 11 years later […]

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More pressure is being put on the Govt to further boost its investment in the rail network. The National Freight Demands Study released by the Ministry of Economic Development says the rail network needs significant investment to boost its carrying capacity and efficiency in order to remain competitive with road transport and to meet the […]

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The authors of the National Freight Demands Study have put the acid on any incoming Govt to beef up investment in the country’s rail network. It says higher axle loadings, alignment improvements on key sections of the network as well as further increases in tunnel clearances are needed for the national rail system to help […]

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US parcel delivery giant UPS has taken an unusual step to try to shore up the volume of parcels it carries by offering to help finance its customers’ businesses. Earlier this month UPS unveiled Cargo Finance aimed at helping its small customers which need funds to keep their businesses afloat during tough times and product […]

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A battle is brewing between the operators of Auckland bus services and the Auckland Regional Transport Authority over the future provision of public transport services in the region. ARTA’s transport bureaucrats, concerned about rising subsidies not being matched by rising passenger numbers, want to reign in the companies by taking control of their operations, using […]

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Supporters of a plan to use a Public Private Partnership (PPP) to build the $1.89bn Waterview motorway tunnels project in Auckland have seized on a new study into benefits from Sydney’s orbital network of toll roads to justify the move. Accountants Ernst & Young, a lead adviser to the New South Wales and Queensland Govts […]

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The stoush between the Auckland Regional Transport Authority and bus operators in Auckland over who should have control over the city’s subsidised bus routes should not come as any surprise. The uneasy partnership between public and private sector organisations in the provision of public transport has been an uneasy marriage world-wide which has frequently lead […]

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Growth in the global freight forwarding market slowed to its lowest rate in four years during 2007 according to Transport Intelligence’s “Global Freight Forwarding 2008″ report. However, the report also shows despite worldwide economic uncertainty, the market is still proving resilient, returning low double-digit growth. It also identified the sea freight market as considerably outperforming […]

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NZ Transport Agency (NZTA) is crowing about the results of a survey on its revised Transmission Gully motorway. NZTA says nearly 90% of the almost 2400 submitters on the project gave it the green light although the exact rationale for the high level of support is unclear. The survey’s results probably highlight little more than […]

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