Toll sells express division to PE fund Allegro, which pledges A$500m injection
Troubled Australian logistics operator Toll Group is set to sell its express division to Australian ...
The Australian Financial Review reports:
Japan Post is progressing plans to end its time at Toll Holdings.
Only months after it called in investment bankers to pitch their ideas for the business (which had Nomura mandated), Street Talk understands Japan Post has upped the ante by putting together a full deal team to run what could be a complex sale.
While Japan Post puts together a team to take Toll Holdings to market, bankers are running around trying to find a buyer.
Ever Given: arrest and GA – what happens to vessel and cargo next?
Box shortages and port congestion now an 'industry-wide challenge' across Asia
Air freight market 'going nuts', with volumes and rates climbing
Good news, bad news 'and even worse news' from congested Euro ports
Relief at Cathay Pacific Cargo as Hong Kong relaxes crew quarantine rule
Market Insight: Who's really behind the multi-billion dollar claim against DSV?
Box troubles still hitting forwarders in China and India as prices keep rising
Carriers need to box clever with equipment as new and used prices soar
US consumer demand for goods and low inventories will keep freight rates high
More Asia-North Europe loaders could challenge alliances' route domination
Sourcing survey reveals the countries pulling buyers away from China
RTR: Canadian National launches battle for Kansas City rail with $30bn-plus bid
Comment on this article