Freightways says express package growth slowed in 2H, may flow into FY2020

Wed, 22 May 2019

By Rebecca Howard May 23 (BusinessDesk) - Freightways says softer express package business growth in the second half poses some risks for the 2020 financial year. The firm noted "slowing same-customer growth for Express Package in the second half of FY19, particularly in March and April," in slides for a presentation at the Craigs Investor Day in Auckland. According to its web site, around 200,000 items a day are picked up, processed and delivered by its express package and mail brand. Freightways said that it has re-secured the group...

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