Latest fromMainfreight Limited
Support for new rail-enabled ferries, Kiwis don’t want privatisation
Some transport sector leaders say ferries non-rail-enabled would make freight more costly.
Richard Prebble: Why the Government should privatise SOEs
OPINION: The economy is too complex for any government to be able to pick winners.
Market close: NZ stocks follow Wall St sharply lower; new listing trades lower
NZ sharemarket falls more than 1%.
Mainfreight looks to Australia as biggest future earner, gives trading update
Management of margin and overheads "magic" recipe for progress.
Mainfreight says it ‘should have done better’, frets about Government’s intentions for rail
As signalled, results show more 'normalised' trading as freight rates and volumes fall.
Mainfreight's profit and revenue tumble as freight rates and volumes fall
'Quantum' leap compared to Covid-era doldrums, but Mainfreight says it can do better.
$2b landlord Argosy Property earns more rent, reduces losses, pays more interest
Softer leasing environment noted in interim result continued during year's second half.
Stock Takes: Results season to reveal extent of NZ’s downturn
Company results, due this month, are expected to show how stressed the economy is.
AI stock Nvidia overtakes Mainfreight in Sharesies record $488m month
35,000 new investors get in the game.
Market close: NZ stocks on firm note, reporting season disappoints
The NZ market eked out a slight gain despite a surge among international markets.
Stock Takes: Market braces for earnings decline, Mainfreight shines
Mainfreight and the gift that keeps on giving
Six Goldie paintings from collection of Mainfreight co-founder to be auctioned
One of Goldie's most historically significant paintings sold for $1.8 million last year.
Market close: Shares dip as interest rate cut question weighs on investors
Transport stocks were also under pressure after Maersk said it’s avoiding the Red Sea.
Mainfreight has post-pandemic freight frenzy hangover
The company's sinking lid means it has 500 fewer employees since March.
Mainfreight weighs up risk and opportunities in first climate risk report
The transport company was now considering 'applicable emission targets for the group'.
Market close: NZ market enjoys positive bounce
International funds coming in helped propel the local market.
Insider buying: Which NZ company boss holds nearly $200m of shares?
One executive just upped his stake to $197m.
The 10 Kiwi companies paying back $200m in Covid wage subsidies
Cash-strapped, or cashing in? Some big firms have repaid all the Covid money.
Eroad investors grill management on buyout offer, Mainfreight freeze
"Anything under $1.80 would be criminal."
Mainfreight tightens belt as global economic pressures cloud trading prospects
Mainfreight shareholders have been warned to expect the impacts of a global downturn.
Jarden Brief: Consumer confidence hits a high in US, tourism stocks take off
Some tourism stocks cruised into positive territory.
‘Lack of ordering’ - Mainfreight’s freak fortunes finding a floor
Plus, Infratil's CEO on its next purchase after One NZ buyout.
Mainfreight boss helps son's Chicago shift as USA becomes big priority
Son moves continents, turning round Americas division a big focus for Mainfreight.
Auckland port's future: Top firms say efficiency, not posturing, must be priority
Too much posturing for big firms tired of politcial tirades, congestion.
Market close: NZ sharemarket falls despite Mainfreight's strong day
Mainfreight's performance was well received by the market and investors.