The strong overall revenue lift result was supported by the expansion of refrigerated rail and record sales in Lindsay Rural, the company cites.
Broken down into individual divisions, Lindsay Transport’s freight revenue grew 5.3 per cent to $282.43 million, buoyed by the addition of 110 refrigerated rail containers throughout the year.
Highlighting the rail emphasis, its contribution to the Transport division increased by $22.26 million (243 per cent) "due to fleet expansion and customer additions which offset reductions in road freight produce volumes which were negatively impacted in some regions due to adverse weather and seasonality".
Lidnsay’s rail fleet will expand further in FY2021 with the addition of 75 new refrigerated containers and 20 dry containers, the company notes.
Do we know on what rail routes these new rail wagons are being used?
Rail and rural focus keeps Lindsay Australia on track