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Aug 20, 2009

TRUCKING INDUSTRY * New Zealand - Largest trucking company rose 2.3 percent

Panmure,Auckland,New Zealand -Bloomberg, by Shani Raja -Aug. 20, 2009: -- Mainfreight Ltd., New Zealand’s largest trucking company, rose 2.3 percent to NZ$4.90... Trading since July has shown improvement, and this is expected to continue in the third and fourth quarters, the company said. First-quarter profit fell 67 percent as a recession curbed sales... Mainfreight Limited provides and supplies freight, warehousing and logistics services throughout New Zealand and Australia. The Company provides freight forwarding services by road, rail, sea and air along with providing international freight forwarding services, customs clearance services and specialized handling of hazardous substances...

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