• About
  • Advertise
  • Subscribe
  • Contact
  • List Stock
Friday, July 11, 2025
Newsletter
SUBSCRIBE
MARKETPLACE
  • News
    • Mobile Assets
    • Corporate Affairs
    • Logistics & Supply Chain
    • Compliance/Risk Management
    • Truck drivers
    • Global Transport News
    • New Technology
  • Features
    • Fleets in Focus
    • Truck Builds
    • New Power Generation
    • Fuels & Lubricants
    • Telematics
  • Industry
    • Editor Note
    • Events
    • Product of the Month
  • Test Drive
    • Heavy Duty
    • Medium Duty
    • Light Duty
    • Vans
  • Profiles
    • Personality Q&A
    • Movers & Shakers
  • PBS
    • Roadtrains
    • A-doubles
    • B-triple
    • HPVs
  • Industry insiders
    • ARTSA Insight
    • TIC Insight
    • VTA Insight
    • NatRoad Insight
    • ATA Insight
    • NHVR Insight
  • Delivery
    • Last mile logistics
    • E-commerce
No Results
View All Results
  • News
    • Mobile Assets
    • Corporate Affairs
    • Logistics & Supply Chain
    • Compliance/Risk Management
    • Truck drivers
    • Global Transport News
    • New Technology
  • Features
    • Fleets in Focus
    • Truck Builds
    • New Power Generation
    • Fuels & Lubricants
    • Telematics
  • Industry
    • Editor Note
    • Events
    • Product of the Month
  • Test Drive
    • Heavy Duty
    • Medium Duty
    • Light Duty
    • Vans
  • Profiles
    • Personality Q&A
    • Movers & Shakers
  • PBS
    • Roadtrains
    • A-doubles
    • B-triple
    • HPVs
  • Industry insiders
    • ARTSA Insight
    • TIC Insight
    • VTA Insight
    • NatRoad Insight
    • ATA Insight
    • NHVR Insight
  • Delivery
    • Last mile logistics
    • E-commerce
No Results
View All Results
Home Industry News

Long-serving Mainfreight CFO to step down

by Staff Writer
May 31, 2024
in Industry News, Mainfreight
Reading Time: 2 mins read
A A
A bonneted truck brings a TEU to a container depot.

Image: Mainfreight.

Share on FacebookShare on Twitter

Mainfreight’s Chief Financial Officer for the last three decades is set to retire.

The retirement of CFO Tim Williams will be effective at the end of June he announced.

Williams became CFO shortly after the acquisition of Daily Freightways in 1994.

Prior to that he has held various finance roles since 1984.

“His integrity, honesty, and attention to detail has been exemplary,” said Mainfreight in a statement.

“He played an important role in the public listing of Mainfreight in 1996, a significant milestone in our company’s history.

“Each step of the way, Tim has adeptly handled diverse and complex accounting jurisdictions in different countries, and his expertise has been crucial in our expansion across 27 countries.”

Last year Mainfreight added another six branches to its network which now totals 337 worldwide.

“As Tim approaches his well-deserved retirement, we reflect on his tremendous contributions to Mainfreight,” the company said.

“We salute Tim and are very grateful for his role in our journey.”

Graeme Illing, Mainfreight’s New Zealand Financial Controller, will assume the role of CFO.

Mainfreight confirmed Illing, who started with Mainfreight in May 2000, has been transitioning to the role over these past few months.

Mainfreight this week released a statement for the last financial year reporting net capital expenditure totalled $254 million.

Expenditure for property accounted for $128 million, warehousing racking and fit-out costs of $59 million, and plant, equipment, and software of $67 million as the company announced that it would continue to invest in its network and the infrastructure associated with it.

“We expect capital expenditure through to the end of 2026 will total $509 million, of which $390 million relates to property, racking and fit-out costs,” the company said.

“As was well signalled, we embarked on this financial year well-aware of the challenges and the expected deterioration in international freight rates and domestic freight tonnage.”

When compared to the previous two years Mainfreight said the operating environment had been demanding

“We expected to do better,” the company said.

“Despite these challenges, the peak freight congestion of 2022/2023 has provided a period of significant growth, new customers, and improvements for our business.

“The results of 2024 surpass the results of 2021 by a significant quantum. Supply chain management has emerged as a critical strategic decision among our customers.

“They now seek greater resilience and are diversifying their supply chains. Our established network across 27 countries offers good capability across the varying supply chain requirements. We continue to attract new customers across our network and are confident of ongoing growth.”

Premium Ad
17
Private Advertiser

$170,000

2014 KENWORTH K200 AERODYNE

  • » Listing Type: Used
  • » Class: Prime Mover
  • » With Work Available: No
  • » Power - kW: 431
  • » Power - hp: 550
  • » Kms: 84,000
Location marker The shape of a location marker

Golden Gully, VIC

**** *** 434
MORE DETAILS
Premium Ad
26
Private Advertiser

$40,000

2008 IVECO STRALIS 500

  • » Listing Type: Used
  • » Class: Prime Mover
  • » With Work Available: No
  • » Power - hp: 500
  • » Drive: 6x2
  • » Kms: 899,000
Location marker The shape of a location marker

Liverpool, NSW

**** *** 868
MORE DETAILS
Premium Ad
19

$70,000

2012 FREIGHTLINER CORONADO 122

  • » Listing Type: Used
  • » Class: Prime Mover
  • » Power - hp: 560
  • » Kms: 1,360,899
  • » Stock Number: 149650
Location marker The shape of a location marker

Regency Park, SA

08 7007 6834
MORE DETAILS
Premium Ad
20

$88,000

2019 DAF CF85

  • » Listing Type: Used
  • » Class: Prime Mover
  • » Power - hp: 460
  • » Kms: 613,936
  • » Stock Number: 306490
Location marker The shape of a location marker

Coffs Harbour, NSW

02 8279 7046
MORE DETAILS
Premium Ad
20

$269,000

2019 KENWORTH T909

  • » Listing Type: Used
  • » Class: Prime Mover
  • » Drive: 6x4
  • » Kms: 284,246
  • » Stock Number: 154477
Location marker The shape of a location marker

Torrington, QLD

07 3073 8140
MORE DETAILS
Premium Ad
15
Private Advertiser

$189,000

2019 SCANIA R620

  • » Listing Type: Used
  • » Class: Prime Mover
  • » Drive: 6x4
  • » Kms: 631
Location marker The shape of a location marker

Glenroy, VIC

**** *** 025
MORE DETAILS
Premium Ad
8
Private Advertiser

$310,000

2020 KENWORTH T909

  • » Listing Type: Used
  • » Class: Prime Mover
  • » Power - hp: 615
  • » Drive: 6x4
  • » Kms: 770,000
Location marker The shape of a location marker

Purrawunda, QLD

**** *** 887
MORE DETAILS
Premium Ad
29

$579,057

2024 KENWORTH T360 SERVICE TRUCK

  • » Listing Type: New
  • » Class: Prime Mover
  • » Drive: 10x4
  • » Stock Number: SM4900M9000-2024
Location marker The shape of a location marker

Dandenong South, VIC

03 8547 8738
MORE DETAILS
Premium Ad
24

$138,000

2015 KENWORTH K200

  • » Listing Type: Used
  • » Class: Prime Mover
  • » Drive: 6x4
  • » Kms: 355,191
  • » Stock Number: 876
Location marker The shape of a location marker

Burton, SA

08 7007 6836
MORE DETAILS
Premium Ad
20

$79,200

2017 KENWORTH K200

  • » Listing Type: Used
  • » Class: Prime Mover
  • » Power - hp: 525
  • » Kms: 854,796
  • » Stock Number: T780
Location marker The shape of a location marker

Airport West, VIC

03 9998 4853
MORE DETAILS
Premium Ad
7

$57,500

2017 FREIGHTLINER ARGOSY

  • » Listing Type: Used
  • » Class: Prime Mover
  • » Stock Number: JOB#2649
Location marker The shape of a location marker

Penrith, NSW

02 8999 6064
MORE DETAILS
Premium Ad
20

$88,000

2019 DAF CF85

  • » Listing Type: Used
  • » Class: Prime Mover
  • » Power - hp: 460
  • » Kms: 616,814
  • » Stock Number: 306464
Location marker The shape of a location marker

Coffs Harbour, NSW

02 8279 7046
MORE DETAILS

Related Posts

ALDI store in Australia.

ALDI enters grocery delivery market

by Staff Writer
July 10, 2025

In a first for the supermarket, ALDI Australia is teaming up with DoorDash to trial on-demand grocery delivery starting in...

Hino winners Greg Bleasel with Gus Belanszky holding their awards.

Hino Australia receives global awards

by Staff Writer
July 10, 2025

Hino Australia has cemented its reputation for outstanding customer support at a global level. The company received multiple prestigious awards...

Christina Holgate said it is a privilege to oversee the company's international expansion. Image: Team Global Express.

Holgate steps up: Team Global Express

by Staff Writer
July 8, 2025

Transport and logistics company, Team Global Express, has announced leadership changes. Christine Holgate, who has led the business as CEO...

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.
As a prominent platform in Australian commercial road transport, Prime Mover showcases the trailblazing operators, products and personalities across an wide-reaching national industry and provides exposure to executives, fleet managers and other key decision makers on the supply chain who have the buying power to help grow your business.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Prime Mover

  • About
  • Advertise
  • Latest Magazine
  • Subscribe
  • Contact
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • Industry News
  • Features
  • Test Drive
  • Mindset
  • Product
  • Profile
  • Insight
  • Resources

Our TraderAds Network

  • Arbor Age
  • Australian Car Mechanic
  • Australian Mining
  • Australian Resources & Investment
  • Big Rigs
  • Bulk Handling Review
  • Bus News
  • Cranes & Lifting
  • Earthmoving Equipment Magazine
  • EcoGeneration
  • Energy Today
  • Food & Beverage
  • Fully Loaded
  • Global Trailer
  • Inside Construction
  • Inside Waste
  • Inside Water
  • Landscape Contractor Magazine
  • Manufacturers' Monthly
  • MHD Supply Chain
  • National Collision Repairer
  • OwnerDriver
  • Power Torque
  • Prime Mover Magazine
  • Quarry
  • Roads Online
  • Rail Express
  • Safe To Work
  • The Australian Pipeliner
  • Trade Earthmovers
  • Trade Farm Machinery
  • Trade Plant Equipment
  • Trade Trucks
  • Trade Unique Cars
  • Tradie Magazine
  • Trailer Magazine
  • Trenchless Australasia
  • Waste Management Review

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
SUBSCRIBE
MARKETPLACE
  • News
    • Mobile Assets
    • Corporate Affairs
    • Logistics & Supply Chain
    • Compliance/Risk Management
    • Truck drivers
    • Global Transport News
    • New Technology
  • Features
    • Fleets in Focus
    • Truck Builds
    • New Power Generation
    • Fuels & Lubricants
    • Telematics
  • Industry
    • Editor Note
    • Events
    • Product of the Month
  • Test Drive
    • Heavy Duty
    • Medium Duty
    • Light Duty
    • Vans
  • Profiles
    • Personality Q&A
    • Movers & Shakers
  • PBS
    • Roadtrains
    • A-doubles
    • B-triple
    • HPVs
  • Industry insiders
    • ARTSA Insight
    • TIC Insight
    • VTA Insight
    • NatRoad Insight
    • ATA Insight
    • NHVR Insight
  • Delivery
    • Last mile logistics
    • E-commerce
  • About Us
  • Advertise with Prime Mover
  • Subscribe
  • Contact Prime Mover
  • Sell and Hire Trucks

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

  1. Australian Truck Radio Listen Live