Freightways pushes further into Australia with $81m acquisition of freight firm

Freightways chief executive Mark Troughear. (Image: Supplied)

Wed, 17 Dec 2025

Freightways is further expanding into Australia through the A$71 million ($81m) acquisition of a Victoria-based express parcel and freight business.The NZX-listed freight group announced on Wednesday morning it would acquire VT Freight Express (VTFE) on or after Jan 30, subject to conditions being met.VTFE differed from Freightways' 2022 acquisition of the Australian business-to-consumer freight business Allied Express in that the Victorian operation offered business-to-business services to clients in the building, healthcare, ret...

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