Toll Group, the Asian region’s leading provider of integrated logistics, today announced the acquisition of Express Logistics Group (ELG), one of New Zealand’s largest freight forwarding companies. ELG currently operates 12 freight forwarding branches across New Zealand, Australia and the USA, and also provides value adding warehouse and transport services to its customers. ELG is principally focussed on serving the import and export requirements of apparel and footwear retailers in Australia and New Zealand, with the majority of its revenues coming from trans-Tasman trade and Australian and New Zealand freight movements from Greater China. “The acquisition of the Express Logistics Group is a great example of our growth strategy for the Toll Global Forwarding (TGF) business,” said Toll Group’s Managing Director, Paul Little. “ELG will add scale in Toll Global Forwarding’s key trade lanes in Asia and allow its customers to leverage off Toll’s very strong existing network in the region. ...