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Freightways takes an ‘Australia first’ global growth mindset

Listed transport operator actively pursuing more acquisition opportunities to grow its trans-Tasman footprint in the near term.

Freightways’ new addition in Australia: VT Freight Express.

Key points
  • Revenue: up 8.5% to $718.2m
  • Profit: up 17% to $52.5m
  • Main takeaway: Listed transport operator guides ‘emerging, early-stage’ recovery in New Zealand economy, while it chases more Aussie opportunities.

Trans-Tasman transport company Freightways is thirsty for further growth in Australia and is actively looking for more opportunities to lift its game over the Ditch.

Australian firm VT Freight Express (VTFE), which Freightways agreed to buy in December for A$71m ($83.3m), formally became part of

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Jonathan Mitchell Mon, 16 Feb 2026
Contact the Writer: jmitchell@nbr.co.nz
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Key points
  • Revenue: up 8.5% to $718.2m
  • Profit: up 17% to $52.5m
  • Main takeaway: Listed transport operator guides ‘emerging, early-stage’ recovery in New Zealand economy, while it chases more Aussie opportunities.
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Freightways takes an ‘Australia first’ global growth mindset
Investment,
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