Appliance Repair Services: Fastway Grows Indicating Precursor To GDP

Monday, December 17, 2012

Fastway Grows Indicating Precursor To GDP

MEDIA RELEASE - 18DECEMBER 2012

Fastway Grows Indicating Precursor toGDP

Fastway Couriers New Zealand today announcedanother positive sales result for the September quarter withyear to date sales up by almost 10%.

JasonWindhager, Executive Director at Fastway Couriers NewZealand says that the company’s results are in starkcontrast to the very flat economic performance announcedtoday by the government for the overall economy.

"With close to 60% of the economy now driven by theservice sector, we are satisfied with the September quarter.The current trading period looks to continue at a similarlevel of growth. Freight volumes are often viewed as aprecursor to GDP performance and as a significant transportoperator, this could provide an indication to the economy'sfuture growth," says Windhager.

Fastway Couriers hasbeen in operation in New Zealand for almost 30 years. Privately owned, Fastway Couriers is the third largestcourier company in the country. The company prides itselfon being innovative and providing the highest standards. Fastway Couriers introduced an “Urgent Delivery Service”in Christchurch at the beginning of this year to meet thedemand of businesses moving goods within the city limits inless than 2 hours.

"We have already seen ahuge upswing in volume in Christchurch with the pendingbuilding boom. Auckland is also going from strength tostrength where growth is driven from North Auckland.Although some provinces are growing at a slower rate, ourforecast for 2013 is continuing double digit growth as theNZ economy rebounds and Christchurch really kicks in," saysWindhager.

To help facilitate this Fastway Couriersis looking to increase its Courier Franchise fleet in mostof its 18 locations nationwide in 2013.

ENDS

***

AboutFastway:

Established in New Zealand in1983, Fastway Couriers currently has some 1,200 franchiseesand 100 regional depots across Australia, New Zealand,Ireland, Northern Ireland and South Africa. To this day,the franchise remains true to its Kiwi heritage, with bothits New Zealand Franchise Support office and Global officebased in Hawke's Bay.

Through itsindustry-leading franchise system, the organisation hasdeveloped a reputation for providing a fast, friendly andcost-effective service to its customers – an achievementwhich has seen it receive more than 45 major industryaccolades, including the Westpac NZ Franchise Awards2010/2011 in both the Master Franchisee and BusinessServices categories.

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