Freightways

Freightways lifts profit 12.9%, declares higher dividend
Freightways Group has posted a solid full-year result despite a contracting economy, with net profit rising 12.9% to $80.1m for the 12 months to June 30…

Receivers appointed to Airwork, Freightways monitors Parcelair partnership
Freightways says it's keeping a close eye on its aviation partner Airwork Holdings, after receivers were appointed to the NZ-based aircraft leasing and logistics business. The…

New Zealand Couriers appoints Scott Hedgman as GM
New Zealand Couriers has named Scott Hedgman as its new general manager, with the appointment effective from July 1.

Freightways lifts half-year net profit to $44.7m
Freightways has posted a $44.7 million net profit after tax for the half-year to December 31, up 9.5% on the same period last year. The NZX-…

Freightways posts $70.9m full-year profit, believes economic lows have passed
Freightways has posted a net profit after tax of $70.9 million for the FY24 year with the transport and logistics firm reporting tough economic conditions on…

Freightways delivers $40.9m half year profit
Freightways has posted a net profit of $40.9 million for its half year result with express package volumes up "marginally" on the year prior but a…

Big Chill officially opens new depot at Ruakura Superhub
Kiwi temperature-controlled logistics company Big Chill Distribution has marked official opening of its new purpose-built cool storage facility at the Ruakura Superhub in Hamilton.

Freightways lifts Q1 earnings but signals caution
Freightways is reporting a rise in revenue and earnings for the first quarter of the 2024 financial year but warns tougher than expected economic conditions will have an impact on full-year results.

Big Chill upgrades fleet with ‘powerful’ Volvos
A big upgrade is in store for temperature-controlled transport company Big Chill which is taking delivery of 12 new Volvo FH16 tractor units to supersize its fleet.

Freightways posts $75m net profit, NZ growth slows
Freightways has lifted net profit after tax 7.3% to $75.3 million for its full-year result marked by strong growth in its Australian operations but a more…