Sugar hit
OPINION: Winston Peters has described the decision to sell its brand to Lactalis and disperse the profit to its farmer shareholders as a 'short sighted sugar hit'.
Kotahi, founded by Fonterra and Silver Fern Farms, works with exporters and shipping containers to ensure an efficient supply chain.
The company has 10-year partnership with Maersk Shipping.
Kotahi chief executive David Ross says the agreement comes with a commitment to each other "to ensure capacity is there for exporters on our platform".
"We realised last year was tough with the constant slippage, so the plan going into this year was to do something different," he says.
"This is to ensure we would get the schedule integrity and the capacity. We need to not put the stress on the supply chain that we've seen in the previous 12 months."
Ross says Maersk has committed to increase capacity to New Zealand this year.
He says while the port congestion doesn't go away, the new schedule will be able to handle that congestion and be on time. He adds that over the last few months, the schedule integrity of key Maersk services in NZ is back to over 80%.
"That just changes everything. The boxes [containers] are coming in when you need them, you are booking the vessels you want and whole flow starts to come back."
Rural Women New Zealand (RWNZ) has announced Sandra Kirby will take over as the organisation's new chief executive.
Puro, the country's largest cannabis cultivator, has won the Supreme Award at the Marlborough Business Excellence Awards.
Rawhiti Environmental Park Limited has been convicted on eight charges and fined a total of $437,000 for persistent discharges of raw piggery effluent into the environment between February and October 2023.
The New Zealand Merino Company (NZM) is expanding its collaboration with TextileGenesis to deliver full traceability for 100% of ZQ certified wool and ZQRX regenerative wool.
According to Federated Farmers, Environment Southland has mishandled the consent process for Waituna Lagoon, leaving the community with numerous bad outcomes.
Metallica's charitable foundation, All Within My Hands (AWMH), teamed up with Meet the Need this week for a food packing event held at the New Zealand Food Network warehouse in Auckland.

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