Freightways bucks trend: no virus impact yet

Mon, 24 Feb 2020

Freightways chief executive Mark Troughear says better margins and recovering economic activity make him guardedly optimistic about the rest of the financial year, notwithstanding the potential disruption of the covid-19 outbreak. However, its business is mainly in New Zealand has yet to see any material impact from the global virus outbreak.The company today reported flat first-half earnings, and while Freightways doesn’t provide full year guidance, Troughear told BusinessDesk a pick up in the express package and business mail division co...

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