Small company shows how the power of digital can transform lives. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. Its the end of the road at Mainfreight for CIO Kevin Drinkwater, who officially retires on 31 December 2020. Mainfreight CEO and Executives. mainfreight 250bruce plested1978 It now has 22 company depots in Australia and relies on agents and third parties in the Northern Territory, Tasmania and some of regional Australia. [17], "Shareholding Information - Mainfreight Limited", "Mainfreight co-founder Neil Graham dies", "Road transport regulation a controversial measure to protect railways", "Mainfreight announces agreement to acquire Halford International", "Mainfreight breaks into Europe with $227m acquisition", "Mainfreight sues for $18m after shock client loss", "Mainfreight gets $14m payout - drops Euro claim", "The Wim Bosman Group becomes Mainfreight", "Mainfreight sells Pan Orient Project Logistics and its 75% shareholding in LEP (New Zealand and Australia) for over A$83 million", "Mainfreight Limited (Mainfreight) completes sale of Pan Orient Project Logistics", "Target Logistics, Inc. Agrees to be Acquired by Mainfreight Limited", https://en.wikipedia.org/w/index.php?title=Mainfreight&oldid=1136159997, Daily Freight (NZ), Carotrans (Worldwide), Owens (AU/NZ), ChemCouriers (AU/NZ) Mainfreight Europe (EU), This page was last edited on 29 January 2023, at 01:07. And Drinkwater says that COVID-19 has changed the nature of work irrevocably by showing that working from homeor from anywhereis achievable at scale. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. Much closer on the horizon are electric trucks. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Last year the business had revenue of NZ$1.9 billion and expects to reach $2 billion this year. She says: "He can talk to people, of course the secret to doing that is being a good listener.". The broad rally seen over the previous three trading days also petered out. Founding Owner & Executive. They all know they are expected to look after customers, giving them a high quality freight service," he says. He imagines he follows the rules but still gets "hauled off to a concentration camp". Additionally, the company's CEO Donald Braid directly holds 2.8% of the total shares outstanding. Mainfreight is a pretty big company. Let's delve deeper into each type of owner, to discover more about Mainfreight. When the company was founded it entered a highly regulated transport market. We note that hedge funds don't have a meaningful investment in Mainfreight. Reminder, this is a Premium article and requires a subscription to read. Facilities for the wider boating community were, he said, a big plus on Waiheke. Books are handed out at some 510 participating schools, often with a role model on hand. He says Plested's motivation mixes incentives with responsibility. It's the answer to poverty," says Mainfreight co-founder Bruce Plested. Drinkwater says the team are prescriptive about the software they deploy, and they often opt for bespoke solutions that are specific to Mainfreights business. Mainfreight executive chairman Bruce Plested is the winner of the Deloitte Top 200 Visionary Leader 2014 Award. Plested's secretary Carol Selwyn says she doesn't do slow: "It would be hard to work for anyone who moves slower than I do." Located in a very diverse region rich in assets, not only geographically (relief, climate), but also economic and human, the Lyon-Grenoble Auvergne-Rhne-Alpes is the latest INRAE centre to be created. The project is downsized from the original plans. "Completion of the whole project will be at the end of next year," Mair said. Mainfreight chairman Bruce Plested has again used the company's annual report to speak out on social inequality, asking if sharing a percentage of profits among the people who helped create them . When an insider holds a sizeable amount of a company's stock,. But to understand Mainfreight better, we need to consider many other factors. Mair said he had grown up at Stanley Point in the 1950s, had developed around 18 marinas here and overseas and is vowing to carry on. Neil Graham joins Bruce Plested helping shepherd the company into what is now a publicly-listed logistics firm, Plested's brother Gerald starts Mainfreight's first international sea and airfreight business, Don Braid joins through acquisition of Daily Freightways, Bought Netherlands firm as European springboard, Family feel: Don Braid's sons also work in the business, Strong association with Bairds Mainfreight Primary School. The lender said it's engaged with the board on "plans for remediation". Plested gave the charity $250,000 in 1998, which Duff used to buy shares in the company. Reporting directly to the CEOfirst to founder Bruce Plested, and then to Don Braidhe has been involved in every milestone of a business that has largely grown through acquisition. The Top 200 Awards judges say he built a global transport company from nothing. Some small berths in the centre and other longer berths further out into the bay are unsold. This endeavor launched the first permanent investment into South America. The firm offers managed warehousing and international and domestic freight forwarding services. Liked by Brad Greer. 25+ search types; Win/Lin/Mac SDK; hundreds of reviews; full evaluations. He brings strong financial skills and business acumen to the role. After the full acquisition that took place August 2007, Mainfreight Asia quickly gained momentum in the Air and Ocean sector, driving business in China and Southeast Asia. Mainfreight has 9,240 employees, of which 8 are in a leadership position. While they have used off-the-shelf solutions (or packages, as he describes them), Drinkwater says these often dont meet the needs of the business. That will be a jack-up barge with a drilling rig, able to work on the 26 reinforced concrete piles for the new wharf. Shares go up and down.". enter your email and well send you details. Mainfreight employees are empowered to make decisions. Plested got in touch with Duff after seeing the writer in a documentary, talking about the state of New Zealand. Drinkwater has contributed to the local CIO community and has regularly featured in the CIO50 New Zealand Awards in 2019 he was No. Understand how edge computing is transforming business performance, Exit interview: Mainfreight CIO shares tech insights before signing off, dtSearch - INSTANTLY SEARCH TERABYTES of files, emails, databases, web data. With well-established locations that include China, Hong Kong, Taiwan, Malaysia, Thailand, Vietnam, Singapore, Japan and Korea, the Mainfreight global network continues to expand year over year. A license from New Zealand Railways Corporation was needed to . The Top 200 Awards judges say he built a global transport company from nothing and has done many wonderful things along the way. With Christmas looming, Drinkwater is looking forward to taking some time out, project-managing his familys new house build in Russell, and getting to grips with the drone hes been given. "Some of it comes from within, some comes from experience, knowing what works and what doesn't. Plested and Braid are based at unfashionable Otahuhu in South Auckland. This past Friday marked my final day with Mainfreight. Bruce Plested, founder of Mainfreight, said his business partner of 36 years was "the humourist and salesman without peer". Now, SKP is going to the Supreme Court to get the High Court ruling overturned and allow it to go back to the Environment Court. The company management answer to the board and the latter should represent the interests of shareholders. "We'd find a soft spot and dig eight to 10ft in and find these cannonballs," recalls the engineer, now in his mid-70s. The company was founded by Bruce G. Plested in 1978 and is headquartered in Auckland, New Zealand. All berths beside the wharf, closest to the land, are pre-sold. This suggests some credibility amongst professional investors. The company was established in Auckland, New Zealand, in 1978 by our current Chairman, Bruce Plested. Mainfreight founder Bruce Plested is on the cusp of joining New Zealand's tiny list of billionaires as the global logistics empire he built soars to new heights. He sets high standards for himself and has created a family atmosphere where people want to prove their worth to him. Thats why there are so many packages out there, because consultants find it easy to sell packages. The site faces the prevailing southwesterly and berths are designed so boat sterns point into that wind, giving the least resistance or the lowest wind load. FedEx remains UPS's biggest competitor. Napier Port held an institutional investor day and rose 14.8c or 4.52 per cent to $3.42. He hasnt made any plans beyond the summer other than continuing as chair of Duffy Books in Homes, but he will be looking at new opportunities that crop up. I am proud to work in Sandoz Nordics where we have just been certified in Denmark as an accredited "Great Place to Work". Liked by Tansy Austin. [4] This operation was expanded with depots in Melbourne and Brisbane. The top 10 UPS competitors are; FedEx, DB Schenker, Mainfreight, United States Postal Service, DPDgroup, Purolator, CEVA Logistics, C. H. Robinson, DHL, and YRC Worldwide. In 2006 when we created our new data centre, I was concerned there wasnt enough room in that footprintits not much bigger than a meeting room. I love the cloud concept; I dont like the cost so we have a fraction of our compute in the cloud ,and [yet] it costs us almost as much as all the HPE equipment we have in our primary and secondary data centres.. That while in theory its possible to scale up and down when using public cloud, in reality the latter almost never happens. Notably, sometimes top-level managers are on the board themselves. Check out their presentation - https://bit.ly/3BAWpSs #mainfreight # . {{ registerForm.errors.get('password') }}, {{ registerForm.errors.get('password_confirmation') }}, {{ plans[index].attributes.old_price | currency }}, Radical change is needed Productivity Commission, New listings drop, house asking prices down 10%, Sustainable drinks company partners with fellow B-Corp Kiwibank to take on the world, Consumer confidence lifts slightly, still 'extremely low', Primary industries bear brunt of cyclone, Treasury says, Deeply researched, twice-edited and fact-checked news, Reporters in Auckland, Hamilton, Tauranga, Wellington, Christchurch and Queenstown, Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers, Access to FundSource - the deepest data on KiwiSaver and managed funds, updated daily, World news from The Economist and Bloomberg. Tony recalls "what we used to call the gut boat", filled with rubbish from boats, discharging near the Rangitoto Island lighthouse. "It's no use just giving people more money." Plested's early home life was a book-filled one, and his mother would always read to her two sons. He has also lent his considerable support to not-for-profit organisations such as the Starship Foundation. Northport, a joint venture between Port of Tauranga and Marsden Maritime Holdings, is spending $8m on container infrastructure as volumes increase. As for new sector-specific technologies, he says that driverless trucks are on their way but the technology isnt here yet. When the company was founded it entered a highly regulated transport market. You will be charged in 10 days unless you cancel beforehand. He has worked with author Alan Duff to put books in the homes of poorer children. It isnt only schools that lack technology know-how, its also company boards, where Drinkwater says they are often led by consultants. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. They had a total of 1,540,506 employees among them. Photo / NZME. In 2001, Mainfreight's management decided that technology needed a global role, and Drinkwater became CIO. In 2008, the United States locations were re-branded as Mainfreight USA. He imagines he follows the rules but still gets "hauled off to a concentration camp". Now with over 8,000 employees and 282 branches in 26 countries, Mainfreight has an extensive presence in the global supply chain. transactions overall, the S&P/NZX 50 Index drifted, closing on its low for the day at 12,518.01, down 48.49 points or 0.39 per cent. The list of best things to do in Auvergne-Rhne-Alpes includes sightseeing, pretty towns, history, and natural wonders! He recalls how he and friends would swing off ropes on to the cliffs beneath what is now the Devon Park apartment tower at Stanley Point to dig large metal object out of the banks. It has a market capitalization of NZ$6.8b. Plans to develop Waiheke Island's first marina are opposed by Mori as well as rich-lister Bruce Plested, chairman and founder of Mainfreight with a $6.8 billion market capitalisation. Aquick summary of everything BusinessDesk has published in the previous 24 hours. Aligned with shareholders. "It turned out to be the best money they ever made, Plested admits. The definition of company insiders can be subjective and does vary between jurisdictions. Synlait Milk, which supplies a2 Milk, was down 9c or 2.5 per cent to $3.51. The Mairs enjoyed sailing and fishing. Mainfreight International was Mainfreight's first international sea and airfreight business and was started in 1984 by Bruce Plested's brother Gerald. Bruce would make sure there was a roast dinner laid on for everyone who helped.". He said it. The other thing is to have our own ideas. Stay informed on business, government and financial developments across New Zealand from our team of 27 journalists. Its a way of saying things that couldnt be said elsewhere, Plested said. The certification is based. The general public, mostly retail investors, hold a substantial 51% stake in Mainfreight, suggesting it is a fairly popular stock. Mainfreight 5 years 8 months National Sales Manager Apr 2021 - Present2 years 1 month New Zealand Sales Manager Jan 2020 - Apr 20211 year 4 months Auckland, New Zealand Account Manager Apr 2018 -. Our data suggests that Bruce Plested, who is also the company's Top Key Executive, holds the most number of shares at 15%. "I went crook at Alan. [8], Headquartered in 's-Heerenberg, The Netherlands, Wim Bosman is privately held and operates more than 1,000 transport units, manage more than 275,000m2 of cross-docking facilities and warehouse area, and employ roughly 1,414 staff within 14 branches located in The Netherlands, Belgium, France, Romania, Poland, and Russia. mishawaka parks and recreation,
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