Teeming with (TGE) losses down under
Where we stand with Toll Express legacy
“I am not a fan of the adaptive cruise control and pleased my BMW doesn’t have it.”
From a cruise control addict (me) to another with totally different tastes, that’s how we started a remarkably interesting multi-faceted/sourced chat, as it turned out, about Australia’s Toll Group and the new owners – restructuring shop Allegro – of its divested Toll Group Express (TGE) unit, which was sold for peanuts earlier this year.
Which had significantly deeper ramifications than the temporary trouble I had ...
Keep our news independent, by supporting The Loadstar
Container spot rates diverge: to Europe still falling, but firmer to the US
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
Ecommerce likely the front-runner in resurge of transpacific trade after deal
China-US trade tariff pause could drive a rebound for transpacific rates
Service chaos from trade ban with India a problem for Pakistan shippers
Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Comment on this article