Loss of US traction cuts Mainfreight profit by 8.5%

3 mins to read Loss of US traction dilutes Mainfreight earnings by 8.5% The American business, headed by Jason Braid, remains excluded from the discretionary staff bonus of $46.3 million. Brent Melville Thu, 28 May 2026 © All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription. Key points Revenue: up 2.8% to $5.38b Net profit: down 8.5% at $251m Main takeaway: Australia now represents more than half of Mainfreight’s profit stream, while the Americas division
continues to struggle. Listed transport and logistics multinational Mainfreight says soaring diesel prices had only a “marginal” impact on trading this year. Managing director Don Braid said the group’s domestic transport business worldwide was most affected, as diesel remained the “preferred and necessary” Want to read more? It’s easy. Choose your subscription Already have an account? Login Smartphone Only Subscription NZ$29.95 / monthly Monthly Premium Online Subscription NZ$49.95 / monthly Smartphone Only Annual Subscription NZ$299.00 / yearly Yearly Premium Online Subscription NZ$499.00 / yearly Premium
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Marketplace Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499). View terms and conditions. Brent Melville Thu, 28 May 2026 Contact the Writer: bmelville@nbr.co.nz News tip? Question? Typo? Let us know: editor@nbr.co.nz © All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription. Mainfreight Strait of Hormuz Free News Alerts Sign up to get the latest stories and insights delivered to your inbox – free, every day. Company profile Powered
by: Previous Close Avg Daily Volume Daily High 52 Week High 52 Week Low Related News Market Outlook FPH, Infratil, Mainfreight, and Ryman in the headlights Volatile diesel prices put confidence on backburner Market Close Mainfreight leads NZX50 higher, Willis plays down fuel framework Investment Mainfreight profit sours amid weaker US performance Investment Aussies grab the limelight at Mainfreight, no bonuses in NZ Free News Alerts Sign up to get the latest stories and insights delivered to your inbox – free, every day. Key points
Revenue: up 2.8% to $5.38b Net profit: down 8.5% at $251m Main takeaway: Australia now represents more than half of Mainfreight’s profit stream, while the Americas division continues to struggle. Company profile Powered by: Previous Close Avg Daily Volume Daily High 52 Week High 52 Week Low Related News Market Outlook FPH, Infratil, Mainfreight, and Ryman in the headlights Volatile diesel prices put confidence on backburner Market Close Mainfreight leads NZX50 higher, Willis plays down fuel framework Investment Mainfreight profit sours amid weaker US performance
Investment Aussies grab the limelight at Mainfreight, no bonuses in NZ
Mainfreight, earnings, US traction, diesel prices, profit decline, revenue growth, $46.3 million bonus, Australia profit stream, Americas division