Well my attempt to get to know my company further and write about it didn’t eventuate until today. Nothing like the uni journey and its ability to leave you feeling like you are wading through quicksand everyday. That’s a blog for another day though (coming soon).
So I know some information about my company, I wrote about that in my last blog post, but I thought I better engage with them a bit more. Their website isn’t very fun. Here is a link to their most exciting video.
www.ksgroup.com.au/wp-content/uploads/sites/2/2020/09/Customer-Video-1.2.mp4.
I think you’ll find a sense of comfort listening to the music. To be fair, it’s a corporate video so I shouldn’t be surprised. There is nothing cool floating around on the internet about K&S like there is Ryman Healthcare. This could be a good thing. No environmental or legal issues that could be lurking in the shadows, waiting to make an impact on their profits (that we know of). I didn’t want to spend too much time searching for articles or video’s about K&S. We all know how that ends. A couple of hundred clicks later and you end up on YouTube watching cat videos. This may or may not be a true story. So I had a super smart idea to google the subsidiaries instead of just the parent and if I still couldn’t find anything I would go watch cat videos, I mean do something else uni related.
I started with K&S Freighters. Now these Mack’s can haul some big things. https://www.youtube.com/watch?v=nc26bjE80-0
K&S Heavy Haulage with the worlds largest wheeled loader. https://www.youtube.com/watch?v=4DoVkmBpGGo
I checked all of them that were listed on the website and that’s about it. Everything just leads back to the K&S Corporation website, makes sense when they are 100% owned entities. With that I decided that I’ll delve a little deeper into these businesses in another blog post as K&S has quite a bit of info on them on their website.
I’ll leave you two more interesting things I found out today:
- The annual revenue of the transport and logistics industry is around $102.87 billion. K&S’s FY2020 operating revenue was $790.6 million. Hugggggeeeeeee industry and in my opinion is one that will continue to grow and alot. This got me thinking about the what kind of revenue TOLL and Linfox would be turning over. I know TOLL had an 8.3% share of the market in 2013 and K&S was third with 1.2% share. I’ll do some further digging time permitting. I would say it’s likely that one, two and three are still the same.
2. These are some of the non COVID related challenges the transport and logistics industry face. Not from K&S themselves but relevant to them. Logistics Challenges In Australia & The Emerging Solutions – Cannon Logistics
I hope you are all enjoying getting to know your company’s more!
I'm accounting on you! 
Hi Lisa. Really great post. Funny too (in parts)! Yup, looking for news articles, blogs and videos on our firms sure did take up a long time with my firm (sigh). Some other firms can be really boring, ah? Not that the business is boring necessarily. Just their presentation. For example, Keelyn Hunter’s firm is JB Hi-Fi Limited, which has a boring annual report due to the lack of colour on the pages. Sounds like your firm is really profitable. My firm, GrainCorp Limited, has a recent past of inconsistent financial performances. It is sometimes hard to tell if they are a good firm or not. They went well for FY2020 though. It is good to see that you are considering the competitors to your firm and their competitive environment. This will help your understanding of your firm’s strategies. Looking at the first K&S video, it does not look as if they transport grain, but rather other goods? I wonder if they do transport grain? I found the video to be attractive, with good quality visuals. I noticed that safety is a big factor for your firm. It is a big factor for my firm too. In fact, the chairman is very keen to see the improvements in GrainCorp in this very area. Great work, Lisa! Keep it up! 😊
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