MOVe Logistics Group Limited
0.14
AUD
+0.00
(-3.45%)
ISIN
NZMOWE0001S5
Return %
Stock
S&P 500
1Y
-26.32
14.20
3Y
-76.67
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Paul Millward
- Full Time Employees
- 832
- Sector
- Transportation
- Industry
- Air freight/Couriers
- Address
- 24-30 Paraite Road New Plymouth TK New Zealand 4312
- IPO Date
- Apr 20, 2000
- Website
- movelogistics.com
- Similar Companies
- Business
- MOVE Logistics Group Limited (NZX:MOV) operates as one of New Zealand's largest integrated freight and logistics providers, offering a comprehensive range of transport, warehousing, and supply chain solutions primarily within New Zealand. The company delivers core services across five key segments: Freight and Fuel, which includes full truck load (FTL), less than truck load (LTL), full container load (FCL), and specialised solutions such as hiab cranes, flat rack trucks, tipper trucks, non-hazardous and dangerous liquids transport; International, encompassing air and sea freight forwarding, customs brokerage, shipping agency, port services, trans-Tasman shipping, and project cargo handling; Specialist, featuring heavy haulage, out-of-gauge transport, wind and energy sector movements, installation and extraction of heavy machinery like power generators and transformers, and bulk liquids including wine logistics, ISO tank transport, motor spirits, oil, gas, bitumen, and emulsions; Warehousing and Contract Logistics, providing bulk storage, racked and palletised storage, picking and packing, third- and fourth-party logistics; and Corporate, covering asset leasing and non-trading activities. Founded in 1869 and headquartered at 24-30 Paraite Road, Bell Block, New Plymouth, New Zealand, the company maintains a nationwide network of over 50 branches, depots, cross-docks, and warehouses, serving diverse customers in general freight, fuel delivery—where it holds the position of New Zealand's largest road tanker operator—and specialised industrial sectors. In recent developments, MOVE Logistics Group changed its name from TIL Logistics Group Limited in August 2021 to better reflect its expanded operations; established a new funding arrangement in August 2024 and extended its ANZ facilities in February 2025 to enhance financial flexibility; implemented a cost-out and efficiency programme yielding gross margin improvements and normalised earnings growth across most segments in FY25; optimised its network by transitioning to a modern freight branch in Dunedin and exiting two under-utilised warehouse sites for FY26 financial benefits; and reported FY25 revenue of NZ$288.7 million with a reduced net loss of NZ$15.6 million, alongside positive adjusted net operating cashflow and new customer wins set to commence in 1H FY26.