Wednesday 24 June 2009

Australia started three asia-based international business

Australia's Toll Group has acquired three Asia-based international express businesses: Deltec in Hong Kong, Singapore and Australia plus two additional small businesses in Hong Kong, Kwikmail and Skynet (Hong Kong). “The businesses will be integrated into Toll Priority, which is expanding its Asia-based express courier business," said Paul Little, managing director of the Toll Group. Toll Priority is the express parcel and document division of the Group, with operations in Australia, New Zealand and the Pacific islands.Our customers increasingly expect Toll to provide them with international solutions to their logistics needs,” said Little. “With annual consolidated revenue of around A$12 million, these acquisitions, in the strategically important hubs of Hong Kong and Singapore, provide a key platform in Toll’s ongoing growth and development in the region. “Hong Kong is the busiest cargo airport in the world and Singapore is the eighth busiest and the busiest in South East Asia, so boosting Toll’s presence in these markets is an important advantage for our customers.

Source:www.impactpub.com.au/aircargo/index.php?option=com_content&task=view&id=3943&Itemid=60.

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