Mainfreight forecasts stronger second half, rules out growth by acquisition

Tue, 30 Jul 2019

By Victoria Young July 31 (BusinessDesk) - Mainfreight is forecasting a better second half of the year, after indicating its first quarter to June 2019 “could have been better.” The logistics and freight operator, which is famous for its 100-year view, gave a trading update of sorts at its annual meeting late yesterday in Auckland. Group managing director Don Braid said that the timing of Easter this year had meant fewer trading days and pointed out that Australia “like their cricket and rugby teams, could do a bit better.” Braid s...

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