The Team's Board Report - Mainfreight

23Owens Transport – Bryan CurtisWelcome to the new team members from aroundthe world, who, for the first time, are reading thisnewsletter. You have joined an ever growing teamthat believes in the ethos of family and workingtogether to achieve our 100-year vision.We closed the 2007/2008 financial year 12.4%ahead of the previous year. A great effort team,we thank you for your effort and commitment.This year we face big challenges as the economytightens.In past newsletters we have warned of toughertimes ahead and certainly this has been signaledin the media and by way of results from retailcompanies, who are seeing a drop in sales.The economy over the winter months is predictedto be tight which will mean tougher times ahead.Whenever we have faced these challenges wehave:1: Reviewed our costs to cut out any waste thathas crept in:• Direct costs eg claims, electricity, forklifts,stationery, telephones• Indirect costs eg linehaul, local cartage.2: Increased the load efficiency of our linehaulunits by monitoring each unit every night.3: Maximised our revenue by ensuring thatour rates are being correctly applied and inspecific cases these rates reviewed.4: Ensured that our operations are as tight asthey can be with:A total of 237 years as part of the Mainfreight family.