Mainfreight-Where next for the Blue Trucks?

Having Aussies run the Australian arm of freight and logistics giant Mainfreight has helped it become the biggest earner-surpassing the Kiwi business this financial year.
In a candid chat with Mainfreight Managing Director Don Braid we also find out how it’s cracked getting established in India.
Back home a key concern is no decision about the upgrade of the Picton Ferries, and a lack of consultation with those at the coalface of rail networks.
Learn how Mainfreight’s approach to mandatory climate reporting is being adopted by other overseas companies, but it hasn’t been able to get long-haul electric vehicles (yes Tesla)! Plus who makes up those famous inspirational quotes you see on the blue trucks, at airports and the like?
For more or to watch on youtube-check out linktr.ee/share...
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[@TheEnzedone]

Car to truck ratio is approximately 1000-1 regarding road damage. Hopefully they pay the equivalent new RUC charges to reflect this in 2027.

[@peterlattimore6013]

Tree roots, underground water springs, there are many reasons for road damage... Trucks get the blame because they're visual... If Truck weights were the reason, instead of single potholes, the road surface would be one constant pothole...

[@robertpinto3212]

Let's hope Luxson and Willis talk to Don and come to their senses.

[@Kelvinpaul4]

They're too arrogant to consult with industry. Just look at the Cook Strait ferries fiasco, Nicola canceled without a great deal of consultation with Kiwi Rail and obviously didn't check to see if the Toyota Carollas were available or practical. Breaking the contract to build 2 purpose built ferries and money already spent , may cost as much as $1.1 billion and still no replacement ferries. Luxon has done a good job talking the economy down, ensuring NZs economic downturn will be deeper and longer. Austerity policies are certainly having an impact, consumers have reduced spending to basics or become one of the 135,000 people who have left NZ for greener pastures. This situation will take years and a heap of cash to put right.

[@denyswoodroffe490]

N.z.post management will not be of any use.

[@Gandhikrishna79]

This company is over valued

[@simonholliday3421]

arguably. They were definately overvalued at $100/share / $10Bill market cap 3 years ago. At $72 ish now, market cap $7.3 billion ish, trailing PE 3%..... I'd call it fully valued rather than overvalued.

[@StankHunt42]

Make the stock price go up. DGAF about sustainability, not working as hard as 2022, or doubling the female workforce.

[@richardwilson7685]

The only people who can reduce or increase the share price are investors. If you want the price to go up, buy more shares. Managers of high-quality companies focus on improving the company for the long term, of which sustainability and an inclusive workforce are a part of.

[@StankHunt42]

​@@richardwilson7685There's no real evidence that diversity increases production. The two main studies were done by recruitment companies that had flawed data because they wanted to make commission on getting more untalented people into the workforce. If earnings don't go up soon myself and many others will just sell off for Australian companies. And Tesla's a sustainable company. The price continues to go down over the past year. Aussie company Sims Ltd is one of the sustainable companies in the world and what a joke they've been. Clorox and KMB have the highest ESG on the s&p500. Over the past 5 years the stock price has done nothing.