UPDATE: ERoad shares jump to year-high as second quarter sales break record

Thu, 05 Oct 2017

(Recasts lede on share price, adds broker comment, updates shares in 3rd paragraph) By Paul McBeth Oct. 5 (BusinessDesk) - ERoad shares climbed to their highest level in more than a year after the company continued to gain traction in the US ahead of the December deadline for logistics firms to adopt and use electronic logging devices. The Auckland-based company sold 2,313 units in the US in the three months ended Sept. 30, taking its total units in the US to 9,736. In its established Australian and New Zealand markets sales rose 11 p...

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