Mainfreight has suspended all services into and out of Russia along with all domestic activity.
Investments in Australian operations began in 1989, driven by a desire to treat New Zealand and Australia as a single market. Our presence in Australia continued to expand through both acquisition and branch proliferation across strategic locations.
In 1996, we went public and listed on the New Zealand Stock Exchange. To this day, we continue to be one of the best preforming businesses on the New Zealand market.
We became global in 1999 with the acquisition of businesses in both Asia and the United States. Full ownership of our Asian operations was complete in 2007 and today we have several branches operating out of China, South East Asia, Japan and Korea. Expansion continued in the Americas with the purchase of Target Logistics Services in 2007.
In 2011, we acquired the business of Wim Bosman Group providing further opportunities to expand our international global network with branches throughout Europe. Our network across the region continues to expand with branches opening up in new countries across the entire supply chain.
The intensification and growth of our network remains a key strategic initiative enabling us to provide greater levels of logistics efficiency and communication by being closer to our customers and their customers.