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Mainfreight CEO hopeful despite company's profit drop

Author
Newstalk ZB,
Publish Date
Wed, 12 Nov 2025, 7:32pm
Mainfreight is one of the most high-profile offenders (NZH).
Mainfreight is one of the most high-profile offenders (NZH).

Mainfreight CEO hopeful despite company's profit drop

Author
Newstalk ZB,
Publish Date
Wed, 12 Nov 2025, 7:32pm

Shares in Transport and logistics company Mainfreight have rallied today, despite the company posting an 18.5 percent drop in first-half profit.

The result's better than expected, with performance improving and expected to rise more.

Mainfreight CEO Don Braid says they've had a tough start to the year, but he feels things are improving ahead of the new year.

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