Toll Global Forwarding: Difference between revisions
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'''Toll Global Forwarding (TGF) ''' is a division of the [[Toll Holdings|Toll Group]]. |
'''Toll Global Forwarding (TGF) ''' is a division of the [[Toll Holdings|Toll Group]]. It provides a suite of international [[freight]] forwarding and [[supply chain management]] services that range from complex [[supply chain]] services through to [[port]]-to-[[port]] [[freight]] forwarding movements.<ref name=tollwebsite>[http://www.tollgroup.com/onetoll Toll Group website.] Retrieved 2013-07-07.</ref> Headquartered in [[Hong Kong]], it has a [[global network]] of over 70 offices in over 30 countries throughout [[Asia]], [[Europe]], [[North America]], [[Africa]], [[Australia]], [[New Zealand]] and the [[Middle East]].<ref name=tollwebsite /> |
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In the 2013 financial year Toll Global Forwarding transacted an ocean freight volume of 456,000 [[TEU]]'s and an air freight volume 120,000 [[tonnes]].<ref name="ASX"/> TGF is the largest freight forwarder (in total twenty-foot equivalent unit (TEU) volume) to Asia. |
In the 2013 financial year Toll Global Forwarding transacted an ocean freight volume of 456,000 [[TEU]]'s and an air freight volume 120,000 [[tonnes]].<ref name="ASX"/> TGF is the largest freight forwarder (in total twenty-foot equivalent unit (TEU) volume) to Asia. |
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==Geographic Reach== |
==Geographic Reach== |
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In 2012 |
In 2012 TGF reported they had more than 120 offices in 30 countries and about 5,500 employees.<ref name=tollhong>June 19, 2012 (2012-06-09). [http://www.asx.com.au/asxpdf/20120619/pdf/426x6plf8n9vml.pdf “Toll Global Forwarding – Investor Day Hong Kong to the Australian Stock Exchange.”] Retrieved 2013-07-23.</ref> More specifically for the same year, Toll reported they had over 1,580 staff and 75 facilities in Asia and over 1,140 staff and 55 facilities in Europe, the Middle East and Africa.<ref name= tollhong /> |
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The division’s global reach is to more than 220 countries and territories.<ref name=tollwebsite /> Geographically, |
The division’s global reach is to more than 220 countries and territories.<ref name=tollwebsite /> Geographically, it is divided into four regions: Asia; Australasia; Americas; and Europe, the Middle East and Africa.<ref name=tollwebsite /> A key of strategy of the division is to grow scale, reach and capability through [[Acquisitions|acquisition]]. A number of companies have been acquired in recent years. |
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In 2011 a representative from Toll |
In 2011 a representative from Toll indicated they had made several key acquisitions in the US, Europe and Middle East to strengthen their air freight network.<ref>March 18, 2011 (2011-03-18). [http://www.logasiamag.com/article/toll-global-forwarding-targets-growth-in-airfreight-sector/2234 “Toll Global Forwarding Targets Growth In Airfreight Sector.”] Logistics Insight Asia. Retrieved 2013-07-23.</ref> |
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In 2011 Toll acquired SAT Albatros (SAT), a Dubai based provider of sea-air services.<ref name=cargonews>February 1, 2011 (2011-02-01). [http://www.cargonewsasia.com/secured/article.aspx?id=7&article=24850 “Toll buys Dubai-based forwarder”.] Cargonews Asia. Retrieved 2013-07-22.</ref> The business was acquired to further cement Toll’s strategic position in the Middle East and in the Asia to Europe trade lane.<ref name= cargonews /> |
In 2011 Toll acquired SAT Albatros (SAT), a Dubai based provider of sea-air services.<ref name=cargonews>February 1, 2011 (2011-02-01). [http://www.cargonewsasia.com/secured/article.aspx?id=7&article=24850 “Toll buys Dubai-based forwarder”.] Cargonews Asia. Retrieved 2013-07-22.</ref> The business was acquired to further cement Toll’s strategic position in the Middle East and in the Asia to Europe trade lane.<ref name= cargonews /> |
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In 2010 Toll acquired United States [[freight forwarder]] Summit Logistics.<ref name=smhtoll>February 2, 2010 (2010-02-02). [http://news.smh.com.au/breaking-news-business/toll-acquires-summit-logistics-20100202-naw1.html “Toll acquires Summit Logistics.”] The Sydney Morning Herald. Retrieved 2013-07-23.</ref> Summit provided ocean freight services on the trans-Pacific route between China and North America.<ref name= smhtoll /> |
In 2010 Toll acquired United States [[freight forwarder]] Summit Logistics.<ref name=smhtoll>February 2, 2010 (2010-02-02). [http://news.smh.com.au/breaking-news-business/toll-acquires-summit-logistics-20100202-naw1.html “Toll acquires Summit Logistics.”] The Sydney Morning Herald. Retrieved 2013-07-23.</ref> Summit provided ocean freight services on the trans-Pacific route between China and North America.<ref name= smhtoll /> |
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In 2010 |
In 2010 they acquired WT SeaAir and Genesis Forwarding.<ref name=schaind>July 9, 2010 (2010-07-09). [http://ichainnel.com/en/news/197850_d0f937-toll-group-makes-freight-forwarding-acquisitions/ “Toll Group makes freight forwarding acquisitions.”] Supply Chain Digital. Retrieved 2013-07-23.</ref> The acquisitions added significant scale to the Toll Global Forwarding division in Europe.<ref name= schaind /> The acquisitions multiplied the division’s existing business ten-fold.<ref name= schaind /> |
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In 2009 Toll acquired Logistic Distribution Systems (LDS), a Dubai-based international freight forwarding company.<ref name=tollmeast>November 9, 2009 (2009-11-09). [http://www.eft.com/3pllogistics/toll-group-expands-middle-east “Toll Group expands in the Middle East.”] 3PL/Logistics. Retrieved 2013-07-23.</ref> The company provided domestic transport and logistics services as well as an integrated international sea and airfreight forwarding service through an extensive operational platform in Dubai and internationally through key European and Asian trade lanes.<ref name= tollmeast /> |
In 2009 Toll acquired Logistic Distribution Systems (LDS), a Dubai-based international freight forwarding company.<ref name=tollmeast>November 9, 2009 (2009-11-09). [http://www.eft.com/3pllogistics/toll-group-expands-middle-east “Toll Group expands in the Middle East.”] 3PL/Logistics. Retrieved 2013-07-23.</ref> The company provided domestic transport and logistics services as well as an integrated international sea and airfreight forwarding service through an extensive operational platform in Dubai and internationally through key European and Asian trade lanes.<ref name= tollmeast /> |
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Revision as of 09:38, 5 January 2014
 | |
| Industry | Logistics |
|---|---|
| Founded |
|
| Headquarters | Global network |
Area served | Global Pacific Region |
| Products | International freight forwarding and advanced supply chain management services |
| Revenue |  A$1.506 billion (2013) [1] |
| A$6.3 million (2013) [1]
homepage = http://www.tollgroup.com | |
| Parent | Toll Holdings |
Toll Global Forwarding (TGF) is a division of the Toll Group. It provides a suite of international freight forwarding and supply chain management services that range from complex supply chain services through to port-to-port freight forwarding movements.[2] Headquartered in Hong Kong, it has a global network of over 70 offices in over 30 countries throughout Asia, Europe, North America, Africa, Australia, New Zealand and the Middle East.[2]
In the 2013 financial year Toll Global Forwarding transacted an ocean freight volume of 456,000 TEU's and an air freight volume 120,000 tonnes.[1] TGF is the largest freight forwarder (in total twenty-foot equivalent unit (TEU) volume) to Asia.
Geographic Reach
In 2012 TGF reported they had more than 120 offices in 30 countries and about 5,500 employees.[3] More specifically for the same year, Toll reported they had over 1,580 staff and 75 facilities in Asia and over 1,140 staff and 55 facilities in Europe, the Middle East and Africa.[3]
The division’s global reach is to more than 220 countries and territories.[2] Geographically, it is divided into four regions: Asia; Australasia; Americas; and Europe, the Middle East and Africa.[2] A key of strategy of the division is to grow scale, reach and capability through acquisition. A number of companies have been acquired in recent years.
In 2011 a representative from Toll indicated they had made several key acquisitions in the US, Europe and Middle East to strengthen their air freight network.[4]
In 2011 Toll acquired SAT Albatros (SAT), a Dubai based provider of sea-air services.[5] The business was acquired to further cement Toll’s strategic position in the Middle East and in the Asia to Europe trade lane.[5] SAT Albatros had strong links in Europe, particularly in Germany.[5]
In 2010 Toll acquired United States freight forwarder Summit Logistics.[6] Summit provided ocean freight services on the trans-Pacific route between China and North America.[6]
In 2010 they acquired WT SeaAir and Genesis Forwarding.[7] The acquisitions added significant scale to the Toll Global Forwarding division in Europe.[7] The acquisitions multiplied the division’s existing business ten-fold.[7]
In 2009 Toll acquired Logistic Distribution Systems (LDS), a Dubai-based international freight forwarding company.[8] The company provided domestic transport and logistics services as well as an integrated international sea and airfreight forwarding service through an extensive operational platform in Dubai and internationally through key European and Asian trade lanes.[8]
In 2009 Toll acquired Express Logistics Group (ELG), one of New Zealand’s largest freight forwarding companies.[9] The Express Logistics Group operated 12 freight forwarding branches across New Zealand, Australia and the US.[9] Predominantly its revenues came from trans-Tasman trade and Australian and New Zealand freight movements from Greater China.[9]
In 2008 Toll acquired BALtrans Logistics to provide a platform to strengthen Toll Global Forwarding’s network in the Middle East, South Africa, Europe and North America.[10]
Fleet
Toll has a specialised fleet to transport perishable freight.
Certification and Accreditations
- ISO 9001:2008 - Quality Management Systems
See also
- Toll Holdings
- Toll Domestic Forwarding
- Toll Specialised and Domestic Freight
- Toll Global Express
- Toll Global Resources
- Toll Global Logistics
- Toll IPEC
- Toll Priority
- Toll NZ
- Toll Shipping
References
- ^ a b c August 22, 2013 (2013-08-22). “ASX and Media Release FY13 Results.” Australian Stock Exchange. Retrieved 2013-08-23.
- ^ a b c d Toll Group website. Retrieved 2013-07-07.
- ^ a b June 19, 2012 (2012-06-09). “Toll Global Forwarding – Investor Day Hong Kong to the Australian Stock Exchange.” Retrieved 2013-07-23.
- ^ March 18, 2011 (2011-03-18). “Toll Global Forwarding Targets Growth In Airfreight Sector.” Logistics Insight Asia. Retrieved 2013-07-23.
- ^ a b c February 1, 2011 (2011-02-01). “Toll buys Dubai-based forwarder”. Cargonews Asia. Retrieved 2013-07-22.
- ^ a b February 2, 2010 (2010-02-02). “Toll acquires Summit Logistics.” The Sydney Morning Herald. Retrieved 2013-07-23.
- ^ a b c July 9, 2010 (2010-07-09). “Toll Group makes freight forwarding acquisitions.” Supply Chain Digital. Retrieved 2013-07-23.
- ^ a b November 9, 2009 (2009-11-09). “Toll Group expands in the Middle East.” 3PL/Logistics. Retrieved 2013-07-23.
- ^ a b c November 2, 2009 (2009-11-02). “Toll Group Acquires NZ Freight Forwarder.” Logistics Insight Asia. Retrieved 2013-07-22.
- ^ March 6, 2009 (2009-03-06). “Toll Global Forwarding Completes BALtrans Integration.” Logistics Insight Asia. Retrieved 2013-07-23.