Freightways posts revenue growth but fuel costs squeeze margins
Logistics company Freightways maintained revenue growth in the 2026 financial year despite Middle East conflict driving up fuel costs and cutting margins.
Freightways reported its annual results for the year to June 30, showing revenue growth and describing its performance as resilient. However, fuel cost pressures from conflict in the Middle East during the latter part of the financial year took a toll on profit margins. The freight, parcel and logistics company said an expected economic uplift was disrupted by the global turmoil.
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Freightways revenue up but margins hit by fuel cost headwinds
Freightways has maintained revenue growth though Iran war fuel costs have hit margins for the 2026 financial year. The freight, parcel, and logistics company reported its annual results for the year to June 30 on Monday morning, claiming a resilient…