One of our largest freight companies says it's yet to see economic green shoots.

Freightways is reporting a 6.5 percent increase in profit in the six months to December.

But it's dealing with lower volumes per customer in New Zealand.

CEO Mark Troughear explained the result is down to winning new customers, and its Australian arm's performance.

LISTEN ABOVE

One of our largest freight companies says it's yet to see economic green shoots.
Freightways is reporting a 6.5 percent increase in profit in the six months to December.
But it's dealing with lower volumes per customer in New Zealand.
CEO Mark Troughear explained the result is down to winning new customers, and its Australian arm's performance.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Mark Troughear: Freightways CEO on the company's revenue going up despite economic downturn

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/876c5268-f9da-4866-846b-b2870075c499/transcript