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24 Nov 2024

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Freightways reports slight drop in profit
The company owns brands including New Zealand Couriers, Post Haste and Big Chill Distribution.

FRW - ASX admission and listing date
Freightways Group Limited (NZX: FRW) is pleased to advise that, subject to the satisfaction of final listing conditions, the company will be admitted to the official list of the ASX, as a foreign-exempt entity

Freightways posts modest lift in first half profit
The transport and information management company's expansion into the Australian parcel market and price rises countered a slowing home market.

Freightways warns of higher operating costs due to impact of Omicron
Transport company Freightways says as much as a quarter of its workforce has been hit by Omicron, costing up to $7 million.

Freightways delivers $43.7m half-year profit
Information management, freight and courier business Freightways has reported a strong first half, despite challenges posed Covid-19 lockdowns.

Freightways to build $40m cold store facility in Hamilton
National freight carrier Freightways is building a large, $40-million cold store facility in Hamilton to meet growing demand for fresh and frozen delivery services.

Freightways Limited (NZX: FRE) Acquisition of ProducePronto
Freightways is pleased to announce the acquisition of ProducePronto that will form a part of the Express Package Division. Freightways has signed a conditional sale and purchase agreement and expects to take ownership on 1 November 2021

Freightways volumes halve under level 4 lockdown; hopes to avoid wage subsidy
Chief executive Mark Troughear says an increase in home deliveries doesn't make up for a drop in business-to-business deliveries which make up 80 per cent of its business.

Freightways Limited (NZX: FRE) Full Year Results to 30 June 2021 and Final Dividend
Last year, the Board chose not to declare a final dividend for FY20. We have had a record year across the business. The Board is pleased to declare a full year dividend of 18 cents per share

Freightways' half-year profit slips in wake of subdued customer activity
The company, which owns New Zealand Couriers, Post Haste and Big Chill Distribution, says the result reflects the general state of the New Zealand and Australian economies.

Freightways' Australian operation offsets 'subdued growth' in New Zealand
The information management and courier company has reported a higher profit.

Freightways reports profit increase, plans to buy Allied Express
The information management and courier company reported a strong financial result as well as a deal to buy Australia's Allied Express for $178m.

Freightways lifts profit, plans to buy Allied Express for A$160m
Freightways says it has increased annual earnings and plans to buy Allied Express Transport, one of Australia's biggest independently-owned courier and express freight providers, in a cash and share deal worth A$160m ($177.9m).The...

Freightways lifts half-year profit and revenue despite Covid lockdown turmoil
Freightways has bounced back from a lockdown-hit start to its first quarter to post net profit growth and a 7.7 per cent revenue increase for the half year. Calling it "our half of two quarters", the company posted a profit of $43.6m...

Freightways buys ProducePronto
Freightways has bought the chilled food transport operator ProducePronto for $10 million.

Freightways unveils online background checks tool for employers
Freightways has delivered a new company that enables businesses to protect employees' private information without taking shortcuts when vetting job applicants.

Freightways post record profits, warns courier prices will rise
Courier and data management business Freightways has reported record earnings across its business units but warns courier prices will need to rise.

Courier business Freightways profit lifts 4.8%; eyes e-commerce growth
Chief executive Mark Troughear sees further opportunities for growth across the company's courier businesses as e-commerce continues to grow.