25 Jun 2009

Freightways says its finances are sound

3:48 pm on 25 June 2009

Freightways says its finances are sound, after the Shareholders' Association queried whether it was at risk of defaulting on its loans.

The courier company says it's meeting its banking covenants.

It is the fifth company, following Tourism Holdings, Vector, Teamtalk, and Skellerup to dismiss the association's analysis.