Advertise with us
DOWNUNDERVOICESAustralia · New Zealand · World
Back to New Zealand
New Zealand

18 August 2026

Hong Kong-listed giant joins the fray at mycar auction

Downunder Voices Newsroom

FacebookEmail
Hong Kong-listed giant joins the fray at mycar auction

There’s a third well-credentialed bidder in the final lap of German giant Continental AG’s sale of automotive repair chain mycar, formerly known as Kmart Tyre & Auto. Multiple sources told Street Talk ...

About this report

This article contains independently written commentary and community perspective from Downunder Voices.

Join our community

Follow Downunder Voices

Join thousands of readers following news and community stories from Australia, New Zealand and the Pacific.

Follow on FacebookSubmit your story

More from New Zealand

View category
Port of Tauranga gets conditional approval for berth expansionNew Zealand

18 August 2026

Port of Tauranga gets conditional approval for berth expansion

Port of Tauranga has received conditional approval for its Stella Passage development, clearing a key regulatory hurdle for the expansion of container and wharf capacity at New Zealand’s largest port. The fast-track expert panel has issued a draft decision proposing to grant all approvals sought by Port of Tauranga, subject to conditions. The port has […] The post Port of Tauranga gets conditional approval for berth expansion appeared first on Port Technology International .

Source: Port TechnologyOriginal source

Read Next

View latest
Seven MSC box ships ‘go dark’ as they resume Suez canal transitsWorld

18 August 2026

Seven MSC box ships ‘go dark’ as they resume Suez canal transits

MSC has joined its peers in resuming Suez Canal transits, sending seven ships through the waterway this month. Container shipping consultancy Linerlytica’s report today shows transits were as follows: the 23,782 teu MSC Amelia, deployed to MSC’s China-Mediterranean Tiger service crossed the Suez on 31 July and Bab el Mandeb Strait on 3 August; the 13,102 teu MSC Vega, on MSC’s China-Mediterranean Dragon service, crossed Suez on 31 July and Bab el Mandeb ... The post Seven MSC box ships ‘go dark’ as they resume Suez canal transits appeared first on The Loadstar .

Source: The LoadstarOriginal source
Walmart tightens grip on the first mile – suppliers’ optionality is the priceTrade & Logistics

18 August 2026

Walmart tightens grip on the first mile – suppliers’ optionality is the price

In a nutshell: Bentonville’s new ‘Prepaid Consolidation’ program, announced earlier this year, promised lower costs and simpler shipping. The trade-off now is that once you’re inside Walmart’s network, you may never leave it. For most of the past two decades, Walmart’s relationship with its prepaid suppliers rested on a simple bargain: you arrange the truck, you pick the carrier, you get the freight to our distribution center (DC) on time, and ... The post Walmart tightens grip on the first mile – suppliers’ optionality is the price appeared first on The Loadstar .

Source: The LoadstarOriginal source
Europe-focused DB Cargo seeks buyer for UK railfreight businessTrade & Logistics

18 August 2026

Europe-focused DB Cargo seeks buyer for UK railfreight business

DB Cargo UK is looking for a new owner, its German parent DB Cargo AG being increasingly focused on its core Central European operations. The UK business, which employs around 2,200 people and provides freight, infrastructure, and passenger charter services, has appointed legal and financial advisers to support the sale, but assured it would be ‘business as usual’ while the process gets under way. UK CEO Andrea Rossi said the business was ... The post Europe-focused DB Cargo seeks buyer for UK railfreight business appeared first on The Loadstar .

Source: The LoadstarOriginal source