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Biography Don Braid, Group Managing Director of Mainfreight Limited, was educated at Timaru Boys' High School and has over 30 years' experience in freight forwarding and logistics both New Zealand and internationally.. Theres no cross subsidies. He has clear vision of what it will take to navigate the unforgiving roads and heavy traffic of the international freight marketplace and so far he has kept this business right on track. Everyone stands on their own two feet. Richard has been elected a fellow of the Chartered Institute of Logistics and Transport. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". But the excitement is justified. Regionally, the NZ business saw an increase of 11.5% in profit before tax to $97.8m, though supply chain capacity into and from NZ remains congested, and the company is frustrated with international shipping lines". Q&A with Mainfreight's Don Braid - Business Changing document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 | Business Changing Ltd. | Website by Casual Fridays. Other Current Directorships: Information and Communication Services Limited (Chairman), Seronic (NZ) Limited, and his family companies. Im not sure well see driverless trucks in NZ for some time to come. Who wouldnt want exposure to the retirement sector? In 2007, Mainfreight acquired Target Logistics, a United States based forwarder with 34 offices, and an extensive agent network. Business in the Americas also saw an improved performance, with a 29.7% increase in profit to US$25.93m, with Mainfreight's air and ocean division benefiting from resurgent demand from customers and market share gains in the US. [3][4], When the company was founded it entered a highly regulated transport market. Its about making sure they dont lose the disciplines that make us who we are but embracing them as people delivering for our customers. Group managing director Don Braid said it was a significant result for the Mainfreight family, achieved during a tumultuous time in the worlds history and with success in every one of the five regions the company operated.