Freightways airfreight contract extended

Fri, 07 Aug 2020

Freightways’ contract to provide trans-Tasman airfreight has been extended through August and will likely be extended further due to the virus resurgence in Victoria.When international passenger travel stopped due to the pandemic, the cost per kilogram to move freight increased by more than 300 percent. This spurred the government to implement the International Air Freight Capacity scheme which underwrites the cost of air freight.In May, the government awarded Freightways a two-month contract under the scheme. The listed company, in partn...

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