NEW ZEALAND's Port of Tauranga now commands the biggest share of North Island's dairy exports with 97 per cent of the market, following its Coda joint venture with Kotahi, a logistics company owned by Fonterra Cooperative Group and Silver Fern Farms. Coda is a land-side logistics partnership established in May.
Kotahi combined its Dairy Transport Logistics business with Tauranga's Tapper Transport unit, container packing facility MetroPack and its stake in container repair and storage business, MetroBox, to form the 50-50 owned Coda Group.
The changes have been reducing the number of empty containers and trucks between Auckland and Palmerston North, while routing more export volumes through Tauranga.
Dairy export volumes across Tauranga's wharves rose 12.6 per cent to 1.75 million tonnes in the 2015 financial year, reported New Zealand's National Business Review.
Coda's freight load is forecast at five million tonnes of containerised and bulk cargo a year.
"Coda's getting early runs on the board in terms of the optimisation of trains and trucks," said chief executive Mark Cairns. "We're seeing a much better flow, especially in the lower North Island."
Tauranga's export volumes were unchanged compared with the previous year at 13.3 million tonnes with gains in dairy, meat, kiwifruit and general freight offsetting declines in logs, sawn timber, apples, onions and steel.
Mr Cairns said trade volumes are expected to pick up in 2016. A lower dairy payout is also expected to dent imports of fertiliser and dairy food supplement volumes.
Coda builds on the 10-year freight alliance Kotahi and Tauranga signed in June 2014, whereby Kotahi agreed to push up to 1.8 million TEU export boxes through Tauranga over a decade, while agreeing to commit export cargo to Tauranga's 50 per cent-owned Timaru Container Terminal. In return Tauranga has pledged to dredge its harbour to accommodate 6,500-TEU ships by August 2016.
PORTS
27 August 2015 - 22:12
Tauranga port commands 97pc share of North Island's dairy exports with Coda
NEW ZEALAND's Port of Tauranga now commands the biggest share of North Island's dairy exports with 97 per cent of the market, following its Coda joint venture with Kotahi, a logistics company owned by Fonterra Cooperative Group and Silver Fern Farms. Coda is a land-side logistics partnership established in May.
PORTS
27 August 2015 - 22:12
Tauranga port commands 97pc share of North Island's dairy exports with Coda
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