LAU 2.65% 92.0¢ lindsay australia limited

It's hard to find YouTube videos of LAU's road transport...

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    It's hard to find YouTube videos of LAU's road transport division but this one, albeit of the Bundaberg, Queensland depot's fire (allegedly from a leaking gas bottle) shows how quickly LAU responds to an unforeseeable event, with 300 pallets still leaving that area that day.

    I'd assume almost all the damage (save for any excess on the policy) will be covered by business interruption and building insurance.

    Interesting that LAU has 58 staff at Bundaberg. This may include truck divers, warehouse hands, truck mechanics and administrative staff. Quite a lot, and testamount to the vital role LAU plays in the very important horticultural sector that gives many Australians (and some resident in other nations) nourishment and vitamins.

    Future demand for vegetables per person per annum may well be on a gradual upwards curve, while perhaps for fruit its stagnant per capita, but Oz's population continues to rise.

    At 0:57 I believe it's Mr Kim Lindsay, the soon to depart family scion and CEO, being interviewed.

    Note how the TV reporter finishes on a positive note: keeping the freight moving!


    Last edited by Hopeful9: 14/04/23
 
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