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

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

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/3c00a741-4fa5-46d0-ad47-b2870075c59f/transcript