Freightways acquires First Global Logistics

Freightways acquires First Global Logistics
Freightways CEO Mark Troughear says the acquisition wasn't material, so didn't need to be announced to the stock exchange. (Image: Freightways)
Oliver Lewis
Publicly-listed logistics company Freightways has acquired an Auckland-based international freight forwarder and e-commerce specialist.In an interview with BusinessDesk, chief executive Mark Troughear confirmed Freightways had acquired 100% of First Global Logistics.He wouldn’t disclose the purchase price but said the transaction occurred a couple of weeks ago and wasn’t disclosed to the New Zealand stock exchange because it wasn’t material.First Global, which describes itself as a leading e-commerce logistics provider (the co...

More Infrastructure

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees
Primary Sector

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees

The port says it's working with KiwiRail on 'long-term arrangements'. 

Oliver Lewis 04 Jul 2025
‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

Oliver Lewis 02 Jul 2025
Cost of Ōtaki to north of Levin highway nears $2b
Infrastructure

Cost of Ōtaki to north of Levin highway nears $2b

In 2020, the lower North Island expressway was costed at just $817m.

Oliver Lewis 01 Jul 2025
The keys to unlocking Northport's land value
Infrastructure

The keys to unlocking Northport's land value

MMH's land is valued at five times less than its next-door neighbour, Channel.

Ian Llewellyn 30 Jun 2025