Freightways experienced a significant drop in share price despite reporting a strong financial year ending June 30th. Revenue increased by 13.5% to $1.46 billion, with earnings before interest and tax (ebita) growing 14.6% to $181.6 million. The ebita margin remained steady at 12.4%. However, investors reacted negatively, indicating apprehension regarding the broader economic recovery and its potential impact on the logistics sector. This nervousness overshadowed the company’s otherwise positive results, suggesting concerns about future performance. The market’s reaction highlights a cautious outlook despite the current financial health of Freightways.