LAU 4.35% 88.0¢ lindsay australia limited

This was part of an article in 'The Oz' last night online, and...

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    This was part of an article in 'The Oz' last night online, and in the paper ('Weekend Australian') this morning.

    LAU is far from the only 'trucking company' but given the supply of refrigerated containers for chilled and frozen food is finite (especially when needed instantly), and LAU has railable ones as well, it may be receiving the odd telephone call from supermarkets:

    "...Supermarkets have quickly activated contingency plans to minimise disruption to food deliveries from one of the largest corporate collapses of the post-pandemic era.

    Coles – which accounted for 15 per cent of Scott’s business – was arranging other trucking companies to deliver food to its stores late on Friday. As was Aldi, which accounts for 3 per cent of Scott’s business.


    “Our focus remains on continued availability of refrigerated products in stores and online for customers,” a Coles spokesman said.

    “We are working quickly to transition to our other transport partners and are closely monitoring deliveries across our supply chain. We are working hard to minimise disruption for customers and our farmers and suppliers as deliveries ramp up.”

    Scott’s services all major supermarkets, delivering food to Coles and Aldi directly, and on behalf of suppliers to Woolworths and IGA..."

    Last edited by Hopeful9: 04/03/23
 
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