Australia’s Toll Group launched its fully owned and operated contract logistics operations in China after its integration into the Toll Global Logistics
division.
Toll has had operations in China through its controlling interest in joint venture partner ST Anda since 1996.
The group completed its acquisition of the joint venture earlier this year, and now fully operates a network of 23 logistics facilities with over 20 distribution centres, delivering to more than 1,600 cities across the country. Toll Global Logistics will have its Greater China regional headquarters in Shanghai.
Through its comprehensive China distribution network, Toll provides a range of transportation and contract logistics services to both local and multinational companies, harnessing its global capabilities across a diverse range of sectors including industrial, hi-tech, chemical, healthcare, and Toll’s strong presence in the retail and consumer market segment.
“We are delighted to have completed the integration of ST-Anda and to strengthen Toll’s network in China. China is one of the world’s most important growth engines and demand for consumer products domestically and internationally is an important part of that expansion,” said Paul Little, managing director, Toll Group.
(Source:www.cargonewsasia.com)