News

Identifying road crashes before they occur

EROAD has researched and created a new data algorithm called Dynamic Risk, that will enable transport authorities to move to a predictive programme of risk management to make efficient spending decisions that can improve road safety. Read more »

EROAD announces Board changes

Susan Paterson has been appointed to the Board as a non-executive director. Ms Paterson will also chair the Finance, Risk and Audit Committee.
Read more »

Business update and major North American customer signed

Integrated technology and services provider EROAD Limited (NZX:ERD) releases this market update on global performance and announces that one of the largest privately owned fleets in North America has become EROAD’s largest U.S. based customer. Read more »

EROAD appoints Chief Marketing Officer

EROAD is pleased to announce the appointment of Genevieve Tearle to the role of Chief Marketing Officer. Genevieve brings to the role experience gained working across Europe, Asia, and Americas. Her experience covers Consumer Durables, Consumer Electronics, Lighting and FMCG industries, in both B2C and B2B environments. She has held key roles in New Zealand and European corporates and understands the drivers for commercial success. Read more »

Growth in exports to the US acknowledged

Electronic transport services company EROAD has won Exporter of the Year to the USA in the $1 million to $10 million category at the AmCham DHL Express Success & Innovation Awards. Read more »

Graham Stuart appointed Chair of EROAD

Transport technology services company EROAD today announced that Michael Bushby, who has chaired the Board since December 2012, will stand down and will be succeeded as Chairman by director Graham Stuart. Read more »

EROAD moves into profit in record year of growth

EROAD Limited reported record growth of Total Contracted Units in both Australia and New Zealand and North American markets of 61.5%, revenue of $51.5 million, EBITDA of $15.0 million and Net Profit after Tax of $0.2 million. Read more »

Graham Stuart joins EROAD board

EROAD announced today that Graham Stuart will join the board of the transport technology and services company. He will also chair the Finance, Risk and Audit Committee. Read more »

EROAD Limited successfully completes equity raising

EROAD Limited (NZX: ERD) (EROAD) is pleased to announce it has successfully raised approximately NZ$15.5 million through its placement announced on 12 December 2017 at a price of NZ$3.04 per share, a 4.7% discount to EROAD’s 5 day VWAP. Read more »

EROAD Growth Funding Update

Following on from EROAD’s market announcement on 30 May 2017, Mr Newman said EROAD is pleased to announce it has accepted a credit approved facility letter of offer from the BNZ, Read more »

US Supreme Court rejects ELD lawsuit

The US Supreme Court has decided to reject a hearing on the lawsuit against the US Department of Transportation’s ELD (electronic logging device) mandate. Read more »

Half year 2017 announcement, EROAD achieves record NZ sales and validates US market opportunity

Integrated technology, tolling and services provider EROAD Limited says it has enjoyed record growth in its cornerstone New Zealand market, supporting prudent further investment in its very considerable North American opportunity. EROAD has validated this opportunity using independent external expertise that is helping support its North American business planning. Read more »

US Court of Appeals denies ELD legal challenge

A legal challenge to prevent the compulsory installation of Electronic Logging Devices (ELDs) into heavy vehicles in the US has been thrown out in court, clearing the way for the implementation of the new regulations. Read more »

EROAD announced as ATA Corporate Partner

We are delighted to announce that EROAD is now a Corporate Partner of American Trucking Associations (ATA). We look forward to working with the ATA and its members to advocate for and support the trucking industry. Read more »

EROAD market update - 29 January 2016

Steven Newman, EROAD CEO, has now been based in Oregon since October 2015 and, as was signaled on 25 November 2015 at the time of releasing our half year results, we are in a position to provide an update to the market on progress to-date. Read more »

EROAD launches Electronic Logbook in USA

EROAD has today launched its Electronic Logbook, providing motor carriers with an innovative electronic HOS (hours of service) solution to help improve compliance and reduce paperwork. Read more »

EROAD reaches 25,000 connections

EROAD Limited (NZX:ERD) announced today that earlier this week EROAD reached 25,000 units connected to its Depot platform (“Units on Depot”). Read more »

EROAD first half-year result on track

EROAD Limited reported a solid half-year result delivering strong growth in Units on Depot and successfully establishing its business in Oregon, USA. Read more »

EROAD extends AWS partnership

Amazon Web Services (AWS) is featuring Kiwi transport technology and services provider EROAD as a case study on its global website. Read more »

EROAD looks for engineers

Electronic road user charges and transport services company EROAD will hire up to 40 additional engineers in the coming year, EROAD engineering manager Jarred Clayton told the Amazon Web Services summit in Auckland today. Read more »

EROAD moves to Amazon enterprise cloud

EROAD’s rapid growth and expansion into international markets has necessitated a shift from a physical server-based infrastructure to the Amazon enterprise cloud. Read more »