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March 20, 2025 2 mins

New Zealand's move out of recession is being felt by some much earlier than others. 

Latest figures show our economy's grown by 0.7% between October and December. 

But some sectors are faring much better than others, with construction and IT contracting about 3%, and transport and warehousing growing almost 2.5%. 

Chartered Institute of Logistics and Transport Vice President Paul Koch told Mike Hosking some businesses are doing even better. 

He says some businesses he knows of have seen growth of about 10% during the quarter. 

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Episode Transcript

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Speaker 1 (00:00):
Maybe I'm repressed, but zero point seven seemed a very
good number to me. We're out of recession, and the
number was higher than any one forecast. Growth was to
be found, especially in transport, postal warehousing. They had a
two point four percent number for the quarter alone. Charted
Institute of Logistics and Transport Vice president Paul coshures where
there's Paul morning.

Speaker 2 (00:17):
Well in Mike, how are you very well?

Speaker 1 (00:19):
Are you feeling it? You're seeing it?

Speaker 2 (00:21):
Yeah? I have. It's very interesting. Actually, I was talking
to one of my friends who owns the company in
Auckland and tower On and I was only talking to
him on Wednesday, and he said, Paul, you won't believe it.
My business has taken off in the last three months.

(00:42):
Good and he's actually opening a new warehouse and Tara, Ah, well.

Speaker 1 (00:48):
That was my next question. Do you think this leads
to something?

Speaker 2 (00:52):
Definitely definitely there And talking to a lot of people
that I know in the industry, obviously they definitely seeing
a lift, in some cases as much as ten percent.
I know the increase was only about two and a
half percent, as you alluded to, but there's some companies
that are doing way better than others. Obviously, can you.

Speaker 1 (01:15):
Break that down. I mean, just for everybody else who
doesn't follow this as go logistics and transport transport, we
understand who do you represent? I mean, what sort of
businesses are you dealing with?

Speaker 2 (01:24):
Well, we're dealing with any transport operator, any warehousing come
three pl four pl Our members are quite diverse. We
also talk to the ports. Our president is he works
for the Port of Auckland and I'm in towering On

(01:45):
myself and my background is thirty to fifty years of
transport through mainly the trucking industry. But yes, I can
say quite honestly that there's definitely been a lift. And
I hear about these things all the time because I
obviously my network is quite diverse. And yeah, it's very

(02:08):
very interesting and really very exciting.

Speaker 1 (02:10):
Good on. You're Paul glad to hear something positive. Don't
text me. He represents a lot of people. Paul Cosh,
who's with the Charted Institute of Logistics and Transport More
good news. For more from the My Asking Breakfast listen
live to news talks. It'd be from six am weekdays,
or follow the podcast on iHeartRadio.
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