Transport sales increase in June 2022 quarter

In News1 MinutesBy NZ Trucking magazineSeptember 9, 2022

Transport, postal, and warehousing industry sales rose by 18% in the June 2022 quarter to reach $10 billion when compared to last quarter, according to new figures from Stats NZ.

The transport, postal, and warehousing industry covers a variety of activities including air, road, and rail transportation and freight services.

“Air transport saw elevated sales this quarter which was influenced by the easing of border restrictions in New Zealand. Additionally, businesses involved in freight delivery saw increased sales,” said business financial statistics manager Melissa McKenzie.

The end of petroleum refining activity in New Zealand drove the biggest decrease in sales this quarter, seen in the petroleum and coal manufacturing industry. Most of the businesses impacted have moved into the basic material wholesaling industry under their new classification.