1. Current Situation & Motivation
Napier Port, located on the east coast of New Zealand’s North Island, currently uses reachstackers and forklift trucks (FLTs) to move containers between quay and yard.This system is diesel-intensive and, according to the port, inefficient as throughput has been growing (230,000 TEU in FY 2024, with a 13.9% increase in container volume in the first half of 2025).
Background
ONE, a major player in the global container-shipping industry, held earlier profit expectations which it has now revised downward.
What Changed
The company has halved its projected full-year profit to US$ 310 million as it faces deteriorating market conditions and persistent disruptions in global trade venues.
Why This Matters
The logistics industry is navigating through persistent volatility — tariff wars, political instability, infrastructural bottlenecks — yet signs of stabilization are surfacing. Global trade flows are adjusting and supply chain players are adopting new strategies to cope.