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The Team's Board Report - Mainfreight

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14<br />

United States<br />

CaroTrans – Greg Howard<br />

Thanks to the tireless efforts and unbridled<br />

passion of our US team, we are pleased to<br />

have posted the best result ever in our 27-year<br />

history.<br />

Sales revenue for the year was the highest ever<br />

at nearly US$85 million and profit before tax<br />

increased by 50% to US$5 million. This strong<br />

finish to last year carried momentum forward to<br />

this year with a solid start to yet another record<br />

year ahead of us.<br />

CaroTrans is a much different company than<br />

we were when we first joined the <strong>Mainfreight</strong><br />

Group. We’re bigger, a whole lot better, full<br />

of more pride and passion than ever and<br />

determined to take on the challenges which lie<br />

ahead.<br />

Miami Branch<br />

<strong>The</strong> hard work and efforts of our Miami team<br />

paid dividends this year and underscores the<br />

“anything possible” attitude, by posting a $37K<br />

profit for the year. This is a turnaround of more<br />

than $361K and their first profitable year since<br />

CaroTrans joined the <strong>Mainfreight</strong> Group!<br />

facility of nearly 200,000 square feet. <strong>The</strong><br />

improved warehouse operation provides us with<br />

expanded capacity and capabilities and will<br />

help create new opportunities for us in Miami<br />

and the southeastern region of the US.<br />

New Jersey Branch<br />

We recently moved to a new and improved<br />

warehouse / CFS operation in New Jersey.<br />

After spending years packed into a World War II<br />

circa shed on the Jersey waterfront (like a scene<br />

from the Soprano’s), we’ve moved operations to<br />

a 250,000 square foot showplace.<br />

Although it doesn’t hold a candle to the “Super<br />

Site” in Otahuhu, this places us in a much<br />

bigger and better facility and will help facilitate<br />

sustained growth for CaroTrans’ future…<br />

fuggedaboudit!<br />

Hats off to Kika and the team – your persistence<br />

and dedication have been very worthwhile.<br />

To further strengthen our Miami operation,<br />

we will soon relocate to a newer warehouse<br />

Agents Corner<br />

Our continued success is also attributed to<br />

the efforts of our global partners situated in<br />

key markets around the world. Professional<br />

representation of CaroTrans in their local<br />

markets extends our global reach and solidifies<br />

our market position outside the USA.<br />

To assist our global partners’ efforts, we<br />

developed several web-based applications<br />

through the “Agents Corner” on our website.

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