Toll Global Forwarding

Toll Global Forwarding
Division
Industry
Founded Newcastle, Australia, (1888 (1888))
Founder Albert Toll
Headquarters Hong_Kong, China
Services
Revenue A$306.2 million [1] (2014)
Profit A$15.3 million [1] (2014)
Number of employees
5,500[2] (2014)
Parent Japan Post Holdings
Website http://www.tollgroup.com

Toll Global Forwarding (TGF) is a division of the Toll Group. It provides international freight forwarding and supply chain management services that range from complex supply chain services through to port-to-port freight forwarding movements.[3]

It has eight business units: Americas; Australia and New Zealand; Greater China; South Africa and Zambia; United Kingdom and Ireland; Mainland Europe; Middle East and Indian Sub Continent; and South East Asia. Headquartered in Hong Kong, it has a global network of over 70 offices in over 30 countries throughout Asia, Europe, North America, Africa, Australia, New Zealand and the Middle East.[3]

In the 2014 financial year Toll Global Forwarding transacted an ocean freight volume of 542,000 TEU's and an air freight volume 114,000 tonnes.[1]

TGF is the largest freight forwarder (in total twenty-foot equivalent unit (TEU) volume) to Asia.

Geographic Reach

In 2014 TGF reported they had more than 130 offices in 25 countries and about 5,500 employees.[2]

The division’s global reach is to more than 220 countries and territories.[3] TGF is active in six major trade lanes: Asia and Australia and New Zealand; Asia and the USA; Asia and Europe; Asia and the UK; Asia and South Africa; and Intra Asia.[3] In 2014 TGF reported they are moving forward from acquisition to consolidation, and restructure to re-engineering and growth. During the 2014 financial year, TGF reduced costs and improved productivity.

In 2011 Toll acquired SAT Albatros (SAT), a Dubai based provider of sea-air services.[4]

In 2010 Toll acquired United States freight forwarder Summit Logistics.[5]

In 2010 they acquired WT SeaAir and Genesis Forwarding.[6] The acquisitions added significant scale to the Toll Global Forwarding division in Europe.[6]

In 2009 Toll acquired Logistic Distribution Systems (LDS), a Dubai-based international freight forwarding company.[7]

In 2009 Toll acquired Express Logistics Group (ELG), one of New Zealand’s largest freight forwarding companies.[8]

In 2008 Toll acquired BALtrans Logistics.[9]

Fleet

Toll has a diverse fleet that can move freight in a range of sizes and configurations. Toll has a specialised fleet to transport perishable freight.

Certification and Accreditations

See also

References

  1. 1 2 3 October 23, 2014 (2014-10-23). “Presentation Slides AGM 23 October 2014” Australian Stock Exchange. Retrieved 2014-10-23.
  2. 1 2 June 19, 2012 (2012-06-09). “Toll Global Forwarding – Investor Day Hong Kong to the Australian Stock Exchange.” Retrieved 2013-07-23.
  3. 1 2 3 4 Toll Group website. Retrieved 2013-07-07.
  4. February 1, 2011 (2011-02-01). “Toll buys Dubai-based forwarder”. Cargonews Asia. Retrieved 2013-07-22.
  5. February 2, 2010 (2010-02-02). “Toll acquires Summit Logistics.” The Sydney Morning Herald. Retrieved 2013-07-23.
  6. 1 2 July 9, 2010 (2010-07-09). “Toll Group makes freight forwarding acquisitions.” Supply Chain Digital. Retrieved 2013-07-23.
  7. November 9, 2009 (2009-11-09). “Toll Group expands in the Middle East.” 3PL/Logistics. Retrieved 2013-07-23.
  8. November 2, 2009 (2009-11-02). “Toll Group Acquires NZ Freight Forwarder.” Logistics Insight Asia. Retrieved 2013-07-22.
  9. March 6, 2009 (2009-03-06). “Toll Global Forwarding Completes BALtrans Integration.” Logistics Insight Asia. Retrieved 2013-07-23.

External links

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