** Shares of Freightways NZX:FRW rise as much as 6.4% to NZ$14.97, their highest level since October 31; stock last up 4.6%
** Stock posts steepest intraday pct rise since October 19
** Freight service provider acquires Australia-based VT Freight Express for A$71 million ($47.00 million)
** VT Freight Express provides express delivery of parcels and palletised freight
** Stock up 35.5% YTD, including the session's moves
($1 = 1.5106 Australian dollars)