BNET Industries

Mainfreight Ltd.

MFT is in the Business Services Industry

Market Cap:$109.7M
Last Fiscal Year Sales:$699.8M
  • Public
  • NZ
Dow Jones Description

Mainfreight was founded by Bruce Plested, joined later by Neil Graham in 1978 with a 1969 Bedford JI Truck and $2,700 in paid up capital. Mainfreight entered a highly regulated market which required all freight travelling over 150km to be moved on rail, and which was dominated by a virtual cartel of giant transport companies. When deregulation occurred in 1985 Mainfreight were hardened from this market environment, and was evolving a deep culture and a vision of what we could achieve. Having formed Mainfreight International in 1984, Mainfreight established a beachhead in Australia in 1989, with an operation in Sydney, followed the next years by depots in Melbourne and Brisbane. Investment in Australia was driven by a vision to let our customers treat New Zealand and Australia as one market, with Mainfreight's spread of branches and services, along with the best technology and people providing a bridge across the water. Mainfreight was publicly listed in June 1996 on the NZ Stock exchange (code MFT) and now has interests in the USA and Asia.

Number of Employees 3,000
Contact Information

2 Railway Lane

Auckland 1062

www.mainfreight...

(64) 9 526 6370

NAICS Code Process, Physical Distribution, and Logistics Consulting Services: 541614

Recent Events

  • NZ's Mainfreight H1 profit down 29 pct

    11/18/09 - Financial Announcement - View Story

News & Analysis

mainfreight ltd. and toll holdings ltd. - All News and Analysis

  • Tranz Rail rejects Toll's unfair offer.

    - 2003-07-31

    Jul 31, 2003 (The Australian Financial Review - ABIX via COMTEX) Directors of New Zealand rail company, Tranz Rail, have advised shareholders against a takeover bid from Australia's Toll Holdings. The $NZ0.95 ($A0.85) per share bid was criticised by Tranz Rail, which described the...

    Tags: Mainfreight Ltd., Toll Holdings Ltd.

  • Rail rival thwarts Toll's bid.

    - 2003-07-23

    Jul 23, 2003 (The Australian - ABIX via COMTEX) There may be more bids for New Zealand rail company, Tranz Rail. The takeover bid by Australian logistics company, Toll Holdings, is opposed by some institutional shareholders. They feel that the company is worth more....

    Tags: Mainfreight Ltd., Toll Holdings Ltd.

  • Rival grabs Tranz stake.

    - 2003-05-26

    May 25, 2003 (Herald Sun - ABIX via COMTEX) The takeover of New Zealand transport company, Tranz Rail Holdings, is not proceeding smoothly. RailAmerica has withdrawn its bid of $NZ0.75 a share. Australian logistics company, Toll Holdings, has increased its holding of Tranz Rail...

    Tags: Mainfreight Ltd., Toll Holdings Ltd.

  • Toehold for Toll in Tranz road link.

    - 2003-04-30

    Apr 29, 2003 (The Australian - ABIX via COMTEX) The debt-ridden road transport division of New Zealand's Tranz Rail will probably be bought by Toll Holdings. Two New Zealand logistics companies, Mainfreight and Owens Group, are also potential purchasers. The cost of the acquisition...

    Tags: Mainfreight Ltd., Toll Holdings Ltd.

  • Mainfreight tussle with Toll heats up.

    - 2001-09-13

    Sep 10, 2001 (Lloyd's List Daily Commercial News ABIX via COMTEX) -- Mainfreight Distribution is downplaying the defection of its New South Wales branch manager, Keith Dixon, to Toll Holdings. Mainfreight operations manager, Michael Lofaro, claims Toll "headhunted" Dixon to help it develop its...

    Tags: Mainfreight Ltd., Toll Holdings Ltd.

Decision Makers

Name (plus bio) Position
Kelvin Drinkwater CIO
Tim Williams CFO
Craig Evans General Manager
David Shiau Managing Director
Don Braid Group Managing Director
Antony Browne Manager
Bryan Curits Manager
Bryan Curtis Manager
Christine Meyer Manager, Group HR & Trng
John Hepworth Manager
Jon Gundy Manager
Mark Newman Manager
Martin Devereux Human Resources Manager, Mainfreight Group Australia
Michael Lofaro Manager
Mick Turnbull Manager
Rodd Morgan Manager
Steven Noble Manager
Carl G.O. Howard-Smith General Counsel
Carl G.O. Howards-Smith General Counsel
Carl George
Debi Fitzpatrick
Julie Lowe
Michael Forkenbrock
Rachael Moore
Shannon Hegan
Steven Thorogood

Board of Directors

Name (plus bio) Position
Bruce G. Plested Chairman
Andrew Smith Board of Directors
Bryan W. Mogridge Board of Directors
Carl-Howard Smith Board of Directors
Donald R. Rowlands Board of Directors
Emmet J. Hobbs Board of Directors
Greg Howard Board of Directors
Neil L. Graham Board of Directors
Richard W. Prebble Board of Directors

Organization Position Status
Mainfreight Ltd. CIO Current
Mainfreight Ltd. Board of Directors Current
Mainfreight Ltd. It Manager Former

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Mainfreight Ltd. CFO Current
Mainfreight Ltd. Board of Directors Current
Mainfreight Ltd. Controller & Secretary Former

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Mainfreight Ltd. General Manager Current
Mainfreight Ltd. Board of Directors Current
Mainfreight Ltd. General Manager Former

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Mainfreight Ltd. Board of Directors Current

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Mainfreight Ltd. Group Managing Director Current
Mainfreight Ltd. Board of Directors Current

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Mainfreight Ltd. Board of Directors Current

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Mainfreight Ltd. Manager Current
Mainfreight Ltd. Board of Directors Current

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Mainfreight Ltd. Manager, Group HR & Trng Current
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Mainfreight Ltd. Manager Current
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Mainfreight Ltd. Manager Current
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Mainfreight Ltd. Manager Current
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Mainfreight Ltd. Human Resources Manager, Mainfreight Group Australia Current

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Mainfreight Ltd. Board of Directors Former

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Mainfreight Ltd. Board of Directors Current

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Mainfreight Ltd. Board of Directors Current

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Carotrans International, Inc. President & CEO Current
Mainfreight Ltd. Board of Directors Current
Mainfreight Ltd. National Manager Former

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Mainfreight Ltd. Board of Directors Current

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Mainfreight Ltd. Board of Directors Current
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MFT $12.98 -0.02 (-0.15% )
Volume 38,535
Shares Outstanding 8.4M
Market Cap 109.7M
Year High 13.38
Year Low 9.00
Earnings Per Share 0.00
P/E Ratio N/A
Dividend 0.792
Yield 6.10
Glass Door

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