Mainfreight stock hits $60 as market share grows

Mainfreight stock hits $60 as market share grows
Dan Brunskill
In a year afflicted with national lockdowns, closed borders, and a faltering global economy, Mainfreight grew its business and bumped up its half-year dividend by a fifth to 30 cents per share.The global logistics and transport company also forecast improvements across all its regions as it continues to grab market share, despite the slow, pandemic-impacted start.But the covid crisis had a silver lining in that difficult shipping conditions pushed customers towards reliable high-quality freight providers, even at a premium.“The current co...

More Listed Companies

NZME boss calls for digital platform law
Listed Companies

NZME boss calls for digital platform law

NZME CEO Michael Boggs calls for government solution to big tech bargaining imbalance.

Daniel Dunkley 21 Feb 2024
BellPotter a bull on Santana's Bendigo gold prospect
Listed Companies

BellPotter a bull on Santana's Bendigo gold prospect

Aussie broker ups target price for speculative Central Otago project.

Pattrick Smellie 17 Jan 2024
Canterbury solar farm construction under way
Listed Companies

Canterbury solar farm construction under way

New farm will power 13,000 homes.

15 Jan 2024
Cautious growth ahead for Hallenstein Glasson
Retail

Cautious growth ahead for Hallenstein Glasson

The post-pandemic rebound appears to be over for Hallenstein Glasson.

Cécile Meier 12 Dec 2023