Toll increases Asian footprint with Footwork buy

Toll Group intends to buy out Japanese express freight operator and logistics ally Footwork Express, the Australian company said today.

  

Bigger footprint: Toll chief Paul Little

Pending regulatory approval, Toll will pay $95m for the remaining 64% of the company in which it has had a stake since April 2006, thereby cementing its presence in the country and continuing its Asian expansion.

This full article is available to Lloyd's List DCN subscribers only.

If you are already a subscriber, please sign in below.

If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.

Alternatively, click here to subscribe.

Please log in

Forgot your password?

If you have forgotten your password, click here to retrieve it.

Login Name

Password

Daily Top Stories

• Austal wins repeat ferry order
• John Holland wins Wiggins Island contract
• Australia to benefit from Japan’s wheat import boom
• Salvor slams ‘ridiculous’ bid deadlines
• 7000-teu vessels the likely limit for Melbourne
• Napthine bullish about Hastings’ future