Top Qs
Timeline
Chat
Perspective
Fastway Couriers
From Wikipedia, the free encyclopedia
Remove ads
Fastway Couriers (formerly trading as HB Couriers[2]) is a courier delivery services company founded in Napier, New Zealand.[3] At the peak of its service, Fastway operated delivery services in New Zealand, Australia, Ireland and South Africa.[4] The company currently operates in Ireland and South Africa.[5]
The company has operated using a franchise model since 1983,[6] with franchising at the regional and courier level; regional franchises are responsible for managing the sales support and depots facilities in their region, while each courier franchise manages a courier route.
Each country with Fastway operations also has a master franchisee, who is responsible for providing the money needed to established Fastway operations, and managing the inter-city transportation of parcels.[7] Fastway Global LTD owns the Fastway branding and provides initial training to the Fastway master franchisee of each country.[8]
Fastway Global LTD also owns the Parcel Connect branding - a booking platform for Fastway Services targeted as consumers.[9] Parcel Connect currently operates in Australia, New Zealand and Ireland.[10][11][12]
In 2016, the company's New Zealand and Australia operations and all associated assets (including domains, contracts, and depots) were acquired by Aramex.[13][14] As part of the acquisition by Aramex, most Fastway operations have been rebranded to Aramex in Australia and New Zealand.[15] Branding of Fastway remained unchanged in other countries.
In 2022, London private equity company Elysian Capital took ownership of Fastway's Irish operations, becoming Ireland's Master Franchisee.[16] In early 2023, South African logistics company City Logistics and Clearwater Capital partnered to purchase the existing Master Franchisee rights in South Africa.[17][18]
Remove ads
References
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads