10th May 2022 Distribution / Freightways
Freightways says the impact of Omicron on its business could be as much as $7m due to lower volumes and higher operating costs due in part to absent staff.
The freight carrier, which recently bought Big Chill and ProducePronto, says it is open to complementary acquisition opportunities.
Freightways is investing $40m into a new Waikato cold store to meet growing demand for its fresh and frozen logistics business.
The latest deal sees Freightways expand its grip over the express chilled and frozen food transport sector following 2020’s Big Chill purchase.