Browsing: Transport

Finance
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Driverless cars will eventually dominate the world’s roads but widespread adoption isn’t imminent and there continue to be opportunities for investors in the road sector, according to AMP Capital’s Global Listed Infrastructure team In a paper entitled Autonomous vehicles: the real opportunity that lies ahead for investors, AMP Capital notes while driverless cars will eventually help solve traffic congestion issues in densely populated urban areas, more varied solutions are likely to be required in the medium term and both will require significant infrastructure investment. Continue →
Transport
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Degradation of bridges caused by many different factors, including corrosion and other stresses from both the environment and heavy vehicles passing over them, costs millions of dollars annually The centre pylon of the Makatote viaduct in New Zealand prepared for restoration The yearly cost of asset maintenance in Australia alone is estimated to be approximately A$32 billion. Continue →
Transport
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KiwiRail is reaping the benefits of an innovative growth strategy for its forestry business designed to make the best use of its wagon fleet Its latest financial result shows an 8% revenue increase in its overall forestry business in just the six months to December, driven by strong growth in the volume of logs. Continue →
Environment
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New Zealand could build a renewable low-carbon transport fuels industry – but only if the nation decides to act, according to a new report from Scion Nearly a quarter of the country’s greenhouse gas emissions were from combustible fuels in 2015, so the report suggests biofuels could have a major impact on overall reduction of New Zealand’s carbon emissions. Continue →
Transport
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KiwiRail has posted a positive half year result with an operating surplus 39% ahead of the previous year, despite a challenging six months Chairman Trevor Janes says the revenue impacts from 2016’s Kaikoura earthquake and the ongoing effects of a legacy of underinvestment in the organisation had required a strong focus by the business on customer growth opportunities. Continue →
Transport
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Global design firm Stantec is strengthening its New Zealand and Australia-based capabilities with the planned acquisition in April of Wellington-based consulting transportation engineering firm, Traffic Design Group (TDG) With more than 80 team members, TDG has offices located in markets throughout New Zealand, including Auckland, Tauranga, Hamilton, Napier, Wellington, Nelson, and Christchurch as well an office in Sydney, Australia. Continue →
Construction
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The McConnell-Dowell Downer team has recharged its batteries from 2017 and is continuing to progress the City Rail Link twin-tunnel underground rail link The team working on the blinding layer and preparing the start of the tunnel box The Connectus joint venture team is delivering Contract 2 for City Rail Link Limited (CRL), which is creating a 3.45km twin-tunnel rail link up to 42 metres below Auckland’s city centre. Continue →
Energy
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The key materials that make up lithium-ion batteries likely have sufficient supply to meet the anticipated long-term growth in demand for electric vehicles and portable electronics if we start planning now, say researchers in a perspective published in the journal Joule. Continue →
Cities
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Christchurch has a golden opportunity to become New Zealand’s number one city of choice as the rebuild takes effect, outgoing Canterbury Employers’ Chamber of Commerce Chief Executive Peter Townsend claims. Continue →
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