Freightways works to lift margins as rising household traffic increases costs

Mon, 25 Feb 2019

By Jenny Ruth Feb. 25 (BusinessDesk) - Freightways chief executive Mark Troughear says courier prices could rise 5-6 percent if New Zealand follows the example set by Europe and the United States. A major factor all courier services around the world are grappling with is the rise in business-to-consumer traffic which is growing at about 10 percent a year as more consumers shop online. That’s much faster than the 2-3 percent annual increase in business-to-business courier traffic, Troughear says. But the cost of delivery per package of...

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