TPM: Forwarders need 'clout' to survive as the ocean carriers move in
Ocean carriers undermining forwarders that don’t have “enough clout” will drive consolidation this year. Delegates ...
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By Alex Lennane
Toll Group has denied it is to be sold by owner Japan Post (JP).
Toll MD Thomas Knudsen told staff today that JP had “dismissed the rumours”. (You can read more insight into this story on Loadstar Premium here.)
“You might be aware of speculation in the Australian media about plans by Japan Post to sell our business,” he wrote. “Our shareholder has told us there are no plans to sell all or part of Toll.
“Speculation of the kind we’re seeing is not ...
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