Toll boosts its WA presence
Australia’s largest logistics company, Toll Holdings, has boosted its presence in Western Australia with the decision last month to purchase courier transport and logistics company Courier Australia.
"This acquisition will boost Toll’s presence in Western Australia’s courier and express business segment and is another demonstration of Toll’s commitment to acquiring quality assets as opportunities present themselves," says Paul Little, managing director of Toll Holdings.
Courier Australia, established in 1959, employs about 600 staff and independent contractors in Western Australia.
Brambles releases interim statement
Brambles Group sales for the 10 months from 1 July 2007 to 2 May 2008 were 13% higher than the prior corresponding period (6% in constant currency), reflecting continued sales growth across all regions of the group.
Since releasing its 2008 half year results on 21 February 2008, Brambles has bought back 29.2 million shares for a total consideration of AUD279.9 million.
The company will provide the market with its usual trading update on 24 June 2008.
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