Comment / Teeming with (TGE) losses down under

ID 6502948 © Martin Gerner | Dreamstime.com

Christine Holgate is facing some extremely difficult choices in reviving Team Global Express (TGE) as an attractive acquisition target.

Marry in haste, repent at leisure

I was driving to work the other day and saw the Toll signage finally being removed from one of the company’s flagship distribution centres, several years after the acquisition of the Australian network business by Allegro.

Down came Toll and in its place, up went the TGE signage. Both the symbolism and the irony ...