BNET Industries
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
Peer Companies
NAICS Code Process, Physical Distribution, and Logistics Consulting Services: 541614
Recent Events
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NZ's Mainfreight H1 profit down 29 pct
News & Analysis
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mainfreight ltd. - All News and Analysis
COLLIERS INTERNATIONAL BEST GROWTH STRATEGY : Mainfreight - Boldly
- 2007-12-01
Founded with one Bedford truck and $2700 in paid up capital back in the 1970s, Mainfreight has demonstrated that it can successfully go the distance - from local carrier to global supply chain logistics provider with revenues approaching $1 billion and operations in Australia, Asia and the United States. ...
Target Logistics, Inc. Issues Update on Merger with Mainfreight
- 2007-10-23
BALTIMORE -- On September 17, 2007, Target Logistics, Inc. (Amex: TLG), a Delaware corporation, Mainfreight Limited, a New Zealand corporation ("Mainfreight"), and Saleyards Corp., a Delaware corporation and wholly owned subsidiary of Mainfreight entered into an Agreement and Plan of Merger. The Merger Agreement provides that, upon the terms and...
Target Logistics, Inc. Announces Fourth Quarter and Year End 2007 Results
- 2007-09-19
BALTIMORE -- Target Logistics, Inc. (Amex: TLG), a domestic and international freight forwarder and logistics provider, today announced net income for the fourth quarter of FY 2007, ended June 30, 2007 of $422,021 or $.02 per diluted and basic share, compared to $642,564, or $.03 per diluted and $.04 per...
Target Logistics, Inc. Agrees to be Acquired by Mainfreight Limited
- 2007-09-17
BALTIMORE -- Target Logistics, Inc. (Amex: TLG), a domestic and international freight forwarder and logistics provider, today announced that it has signed a definitive merger agreement to be acquired by Mainfreight Limited in an all-cash transaction valued at approximately $53.7 million. Under terms of the agreement, holders of Target...
ONE CONSUMER'S OPINION : Making It Easier
- 2007-08-01
Recently, in lecturing about customer-centric organisations, relationship marketing, etc, I was stopped in my tracks when one of my class of middle managers, asked me for some good New Zealand examples. Sure for years Southwest Airlines, Disney, FedEx and a handful of others have been written about in Harvard Business...
Ontrack agreement is key to Toll railfreight growth.
- 2006-06-16
Byline: Dave MacIntyre Jun 16, 2006 (Lloyd's List Daily Commercial News - ABIX via COMTEX) -- The future of New Zealand's railfreight depends on an eventual agreement between Toll and Ontrack. Without such an agreement, Toll will be reluctant to invest in rolling...
Mainfreight concern at Toll's push.(Brief Article)
- 2005-03-31
Mar 31, 2005 (Lloyd's List Daily Commercial News - ABIX via COMTEX) Mainfreight is not happy with the way Australian company Toll has attempted to move into New Zealand NZ road freight. Last year, Toll acquired a 12 per cent interest in a company...
NZ takeovers panel rejects Mainfreight complaint.
- 2003-09-22
Sep 21, 2003 (Lloyd's List Daily Commercial News - ABIX via COMTEX) New Zealand logistics firm, Owens, faces a takeover by Mainfreight. It has been accused of failing to reveal financial information necessary for the takeover bid. Owens has refused to disclose its operational...
Synergies, sell-offs if bids succeed.
- 2003-09-15
Sep 15, 2003 (Lloyd's List Daily Commercial News - ABIX via COMTEX) Many observers assume that Toll Holding's $NZ1.10 per share bid for Tranz Rail will succeed. The Australian logistics group must still attract a large number of retail investors to its bid if...
Fate of takeover bid for Owens in family hands.
- 2003-09-03
Sep 03, 2003 (Lloyd's List Daily Commercial News - ABIX via COMTEX) Mainfreight has recently announced a takeover bid for Owens. Mainfreight is offering $NZ1.03 per share for its rival New Zealand logistics and transport company, with its offer due to close on 15...
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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 |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | CFO | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Mainfreight Ltd. | Controller & Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | General Manager | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Mainfreight Ltd. | General Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Managing Director | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Group Managing Director | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Manager | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Manager | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Manager, Group HR & Trng | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Manager | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Manager | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Manager | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Human Resources Manager, Mainfreight Group Australia | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Manager | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Manager | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Manager | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Manager | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | General Counsel | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | General Counsel | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Current |
| Organization | Position | Status |
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| Mainfreight Ltd. | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Chairman | Current |
| Mainfreight Ltd. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Carotrans International, Inc. | President & CEO | Current |
| Mainfreight Ltd. | Board of Directors | Current |
| Mainfreight Ltd. | National Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mainfreight Ltd. | Board of Directors | Current |
| 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 |
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