Toll Group aims to solve any challenge related to logistics, transport or supply chain. The business has been operating for over 130 years and has a network spanned across 1,200 locations in 50 countries, served by 44,000 people. The group has appointed J.P. Morgan and Nomura as financial advisors to manage the sale process.Who is the parent company of Toll Holdings?
Toll Holdings has warned that parent Japan Post has only guaranteed its debts until mid-2021 after revealing its annual net loss plunged six-fold to $685.3 million.What does Toll Group do for a living?
Toll provides… Located just minutes from the key supply chain linkways, Toll’s Oil-Tex joint-venture business – honing marine and shorebase services, as well as day-to-day warehousing, transportation, and freight… There’s more to us than trucks and warehouses.What was the loss for the Australian toll company?
The hefty loss for the 12 months to March 31, 2020, disclosed in filings with the Australian Securities and Investments Commission that were released on Tuesday, comes as Japan Post - which spent $6.5 billion buying the Australian logistics group in 2015 - appoints banks to review selling off all or part of Toll. Save 50% for your first 3 months.