In the midst of the coronavirus pandemic, transport company Mainfreight is increasing its market share, boosting profits and dividends, and continuing to invest for future growth. “This result reflects the strong improvement in performance in our Australian and New Zealand operations, supported by ongoing progress in our Asian business,” said managing director Don Braid. Andy Jackson/Stuff Mainfreight is gaining market share and benefiting from strong consumer demand. In Australia, the transport business gained market share and improved efficiency, boosting sales and margins, he said. Mainfreight shares rose 1.4 per cent to $58.20 shortly after the NZX opened for trading at 10am on Wednesday.

Source: Stuff November 10, 2020 21:33 UTC