New Zealand Logistics Market Set to Exceed USD 20 Bn by 2026: How Will Booming Food Shipping Sector and Green Ports Pave the Way for Future Growth?

Logistics Market in New Zealand is expected to growth at a robust CAGR of 3.1% by 2026, says a report by Ken Research.

­­­1. The 4 Key Components of Logistics System Integration: Building Effective Supply Chain Networks.

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New Zealand's Logistics Market: Driving Growth through a Booming Food & Beverages Industry, Enhanced Transportation Infrastructure, and Sustainable Delivery Solutions.
New Zealand Government's Strategic Investments in Railway Network and Green Ports for Sustainable Supply Chain Infrastructure.

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The Upper North Island Supply Chain Strategy (UNISCS)

It was launched to improve the supply chain system in the Upper North Island, including its ports, and prioritize investments. The strategy involves closing The Port of Auckland freight, developing Northport, rehabilitating the North Auckland rail line, and establishing a new inland freight hub in North West Auckland. It will lead to better transport infrastructure and regional development opportunities.

Rail Network Investment Programme

The Rail Network Investment Programme outlines a 3-year and 10-year investment plan for the national rail network to support both freight and passenger services. The 3-year plan includes investment in network maintenance, renewals, and improvements, totaling USD 1.2 Bn.

Green Ports

To achieve zero emissions, several ports are adopting environmentally friendly alternatives. The Ports of Auckland is targeting zero emissions by 2040, and has started a project for a hydrogen refueling facility and a battery-powered tug. The Port of Tauranga aims to achieve net zero emissions by 2050 and reduce emissions by 5% each year relative to cargo volumes by transitioning to battery-hybrid straddle carriers and light vehicles.

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https://www.kenresearch.com/industry-reports/new-zealand-logistics-market

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