News

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 »

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 »

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 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 enhances fleet management with secure data sharing

EROAD’s new Share feature allows companies sharing vehicles to also securely share data. It means large organisations with multiple subsidiaries can view all of the fleets within the group as one, to better manage dispatch, journey planning and other operational tasks. It is also being used by truck leasing companies and industry consultants to manage customer vehicles. 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 »