Mixed bag for Mainfreight's Australian arm

Mainfreight's Australian operations saw improvements in operating costs but still struggled financially in the second quarter, New Zealand's major international transport and logistics firm said yesterday.

  

Patchy trading: Mainfreight results "poor" but reflect Halford merger costs

The Australian arm reported a net surplus after tax and before abnormals of NZ$1.96m ($1.6m) in domestic trade but this was still a decrease of 51.1% compared with the same period last year.

Internationally, the...

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