Fastway Couriers
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Fastway Couriers (formerly trading as HB Couriers[1]) is a courier delivery services company founded in Napier, New Zealand.[2] At the peak of its service, Fastway operated delivery services in New Zealand, Australia, Ireland and South Africa.[3] The company currently operates in Ireland and South Africa.[4]
The company has operated using a franchise model since 1983,[5] 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.[6] Fastway Global LTD owns the Fastway branding and provides initial training to the Fastway master franchisee of each country.[7]
Fastway Global LTD also owns the Parcel Connect branding - a booking platform for Fastway Services targeted as consumers.[8] Parcel Connect currently operates in Australia, New Zealand and Ireland.[9][10][11]
In 2016, the company's New Zealand and Australia operations and all associated assets (including domains, contracts, and depots) were acquired by Aramex.[12][13] As part of the acquisition by Aramex, most Fastway operations have been rebranded to Aramex in Australia and New Zealand.[14] 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.[15] In early 2023, South African logistics company City Logistics and Clearwater Capital partnered to purchase the existing Master Franchisee rights in South Africa.[16][17]
References
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- ↑ Aramex to acquire Australasian express & courier firm Fastway Australasian Transport News March 2016 page 15
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