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An update from Freightways ( (FTWYF) ) is now available.
Freightways Group Limited has announced that its joint venture partner in Parcelair Limited, Airwork Holdings Limited, has been placed under receivership. Despite this development, Freightways assures stakeholders that Airwork will continue to operate as a going concern, and they have a contingency plan ready to minimize any operational disruptions.
More about Freightways
Freightways Group Limited operates in the logistics and courier industry, providing parcel and freight services. The company focuses on efficient delivery solutions and has a significant market presence in New Zealand.
For an in-depth examination of FTWYF stock, go to TipRanks’ Overview page.