New owners install new management team at Seko Logistics
Seko Logistics has revealed it has a new majority owner following recapitalisation, which has put ...
KNIN: LOOKING DOWNCHRW: INVESTOR DAY WTC: BOLT-ON DEALCAT: YIELD MATTERSKO: NEW COOLOW: INVESTOR DAY UPS: CYCLICAL UPSIDEATSG: 'GO-SHOP' UPDATEXPO: ALL-TIME HIGH ON TAKEOVER TALKMAERSK: DIRECTIONGM: DONE WITH ITSTLA: LSP BATTERY JVDSV: ANOTHER BULL BA: BACK ONCHRW: STRENGTH AHEAD OF INVESTOR DAYCHRW: UPGRADE
KNIN: LOOKING DOWNCHRW: INVESTOR DAY WTC: BOLT-ON DEALCAT: YIELD MATTERSKO: NEW COOLOW: INVESTOR DAY UPS: CYCLICAL UPSIDEATSG: 'GO-SHOP' UPDATEXPO: ALL-TIME HIGH ON TAKEOVER TALKMAERSK: DIRECTIONGM: DONE WITH ITSTLA: LSP BATTERY JVDSV: ANOTHER BULL BA: BACK ONCHRW: STRENGTH AHEAD OF INVESTOR DAYCHRW: UPGRADE
Toll Group has appointed ex-Damco Asia-Pacific chief Thomas Knudsen as president of its global forwarding division from January.
Based in Singapore, he will oversee international air and ocean freight forwarding and supply chain management services and manage a team of more than 3,100 Toll employees across 26 countries, as well as an expansive network of agents across more than 150 countries.
Toll group managing director Michael Byrne said: “After an extensive global search for the right candidate, we are delighted to welcome Mr Knudsen to the Toll team. He brings a proven track record in delivering results in a highly competitive industry.
“The strategy for our transformation of our global forwarding business is clearly defined and we are starting to see good results. Mr Knudsen will accelerate the good progress that Toll is making to restore its global forwarding business back into sustainable growth.”
Mr Knudsen brings over 25 years of experience in logistics and shipping. He was Asia-Pacific regional chief executive at Maersk Line before he moved across to sister company Damco.
Comment on this article