Freightways

Strategic intent

Freightways Group Limited operates a multi-brand network providing express package, business mail, and secure information management services across New Zealand and Australia.

Key market signals

• 2026-10: Upcoming Annual Shareholders Meeting scheduled for October 29, 2026, where shareholders will vote on the re-election of director Peter Kean and auditor remuneration.
• 2026-07: David Gibson appointed as Chair of the Board, succeeding Mark Cairns who resigned.
• 2026-02: Completed the A$71 million acquisition of Victorian-based express freight operator VT Freight Express (VTFE), expanding Australian B2B express capabilities.
• 2025-12: Associate company GoSweetSpot (33.3% owned) fined NZ$525,000 for cartel market-sharing arrangements initiated with Freightways and its subsidiary Post Haste.
• 2024-12: Tragic workplace fatality of a Shred-X team member in Victoria, Australia, triggering ongoing WorkSafe investigations and safety system reviews.

Financial health

• FY26 Revenue: NZ$1,463.6 million, representing a 13.5% increase from FY25 (Source: https://assets-freightways.ep-prod.freightways.co.nz/uploads/2026/08/Freightways-Annual-Report-2026.pdf)
• FY26 NPAT: NZ$94 million, representing a 17.3% increase from FY25 (Source: https://assets-freightways.ep-prod.freightways.co.nz/uploads/2026/08/Freightways-Annual-Report-2026.pdf)
• FY26 Operating Cash Flow: NZ$279.4 million, up 14.9% from FY25 (Source: https://assets-freightways.ep-prod.freightways.co.nz/uploads/2026/08/Freightways-Annual-Report-2026.pdf)

Impact & compliance

Legal & risks

A WorkSafe Victoria investigation is ongoing following a worker fatality at Freightways' subsidiary Shred-X in December 2024.

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