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flag Freightways to buy Australia’s VT Freight Express for A$71M, boosting earnings and expanding B2B reach.

flag Freightways has agreed to acquire Australia’s VT Freight Express for A$71 million, expanding its footprint in the country’s B2B express freight market. flag The deal, expected to close by early 2026, will be funded through bank debt and is projected to boost Freightways’ earnings per share by 6% in the first year. flag VTFE, which serves industries like healthcare and retail with an asset-light model, will retain its brand and leadership. flag The acquisition supports Freightways’ multi-brand strategy and follows a period of increased M&A activity in the transport sector.

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