Infos Transport (Patrice Salini)

Toll hits the acquisition trail again Toll Group has announced its intention to acquire a controlling interest in BALtrans, one of the largest Asia-based freight forwarding and logistics companies, for approximately A$365 million. (12/20/2007) BALtrans’s international network spans all major cities in Asia, North America, Europe, Africa and the Middle East, and the company generates annual revenues of around A$690 million. Toll managing director Paul Little said: “BALtrans is a key element of our Asian growth strategy and provides a global freight forwarding network from its strong Asian base. The inclusion of BALtrans with the Toll Group based on historicals would result in annual revenues outside Australia and New Zealand of in excess of A$1.2 billion, which is more than 20% of our revenues, excluding Virgin Blue.” He added that the businesses of both companies are highly complementary in terms of strategy, focus, capability, customers and industry segments with strong growth-oriente...

Communiqué de Baltrans (Hong-Kong) BALtrans’ New Office in France in Full Operation BALtrans Holdings Limited (“BALtrans”) is pleased to announce the official opening of a new office in France. The new office at the CDG airport in Paris is now fully operational and at your service to handle your sea and air business. Mr. Jean Claude Melin, Managing Director of BALtrans Logistics France, is a logistics veteran with 30 years hands-on experience in air and ocean business in various sizable logistics corporations. “Focusing on international and domestic forwarding, custom clearance and warehousing, BALtrans Logistics France is expected to generate most of its business from importers in the Far East and the USA, and from key customers served by BALtrans’ EMEA network,” said Mr. Melin, “and we are confident we can strengthen the network coverage to provide customers with enhanced services”. The new office in France marked another important step of BALtrans’ expansion in Europe, Middle Ea...