MFT - Mainfreight. Global Freight & Logistics

[ENP]

One thing though if you want one freight provider to actually make deliveries in their own trucks from North Cape to Bluff Mainfreight is the only one

No it's definitely not.

There are numerous other freight providers that own and control the entire process from pick up to delivery NZ wide other than Mainfreight.

Why as a customer would I use Mainfreight instead of others? They aren't the cheapest. They don't provide a superior product or service. Other competitors are just as big and therefore can pick up/deliver my order just as quick.

I'm finding it hard to uncover what makes them "different" and what their competitive advantage is.

[Hoop]

This Blue Sky stock has had its breather and up running round in blue sky territory again.
see Rym thread re blue sky stocks

[sharer]

Thanks Hoop.
What a beautiful picture !

(disc: hold lots, still looking to accumulate on dips)

[Snow Leopard]

Mainfreight have today issued a forecast for the current financial year which is essentially flat.

The market has unsurprising reacted a little negatively to this but is still a little way ahead of what I regard as a sensible price.

I would expect that earning would pick up again next year but expecting strong growth is being overly optimistic.

Best wishes
Paper Tiger

[percy]

Mainfreight have today issued a forecast for the current financial year which is essentially flat.

The market has unsurprising reacted a little negatively to this but is still a little way ahead of what I regard as a sensible price.

I would expect that earning would pick up again next year but expecting strong growth is being overly optimistic.

Best wishes
Paper Tiger

Sensible price? MFT are to me like EBO and FRE very difficult to work out what is a sensible price.Always seem to be either overpriced or grossly over priced. Sell a few and they go up more.

[janner]

FORD are closing their plant in Belgium.. Massive Lay-Offs.. Cyprus aside.. Europe is not in a healthy condition..

Must affect freight..

Maybe MF will go back to the old rail freight days.. China to Germany .. 15 days.. Faster than Ships.. Cheaper than Air..

[percy]

FORD are closing their plant in Belgium.. Massive Lay-Offs.. Cyprus aside.. Europe is not in a healthy condition..

Must affect freight..

Maybe MF will go back to the old rail freight days.. China to Germany .. 15 days.. Faster than Ships.. Cheaper than Air..

If I agreed with you,we'd both be wrong.!

[janner]

Are you saying that Europe is in a better condition than I think Perc.. ??

Or..

Are you saying that Rail freight from China to Europe is not a goer for MFT.. ?

[percy]

The chairman of Cavotec,Europe based, is very confident.Business in both sea and airports picking up,so maybe all is not so bad.I went to CCC meeting on 15/3/13.Like 6% unemployment is really 94% full employment.
In a presentation given by Don Baird he pointed out the Europeans had not stopped eating,which means there is a lot of food,produce to be delivered to markets.739mil or more people get through a lot of tucker,use a lot of loo paper,cats and dogs keep eating,so even when things slow down there is a lot of business being done.What I did find interesting was the amount of business in other parts of the world comes from their presence in Europe.So it is a very important part of their business that they have to get right.Close to Russia, population 141mil ,and UK, population 62mil.
15days China to Europe seems history should you compare 5 days China to USA,by sea.

[POSSUM THE CAT]

Will not be long before most Ford cars will be built in China so maybe the railway would be the Answer