31 Oct 2008

Freightways look to information management

4:15 pm on 31 October 2008

Freightways expects future profits to be driven by its information management business.

The courier company made a record profit of $32.3 million for the year to June, an increase of 5% on the previous year.

At the annual meeting on Thursday, shareholders were told the information management business in both Australia and New Zealand should continue their year-on-year improvements.

Freightways managing director Dean Bracewell says the company is also looking for possible acquisitions in this area.