Latest news from Heavy Lift & Project Forwarding International Magazine

Consistent results for Toll

February 19 - Transport and logistics provider, Toll Group, has revealed that its revenue for the six months ended December 31, 2013 was in line with the year before at AUD4.5 billion (USD4.05 billion).

The group's net profit after tax before non-recurring items increased 1.4 percent to AUD176 million (USD158.7 million) and its interim dividend increased by 0.5 cents to 13 cents per share.

Toll has continued to invest in its core network businesses despite ongoing economic and market driven challenges in both domestic and international markets, particularly in the resources sector, said the company's managing director, Brian Kruger.

Kruger added that he was not assuming any near-term improvements in the external economic environment, so Toll will continue to focus on improving returns through winning new business, increasing productivity and looking for further opportunities to improve efficiency and management of operating costs.

www.tollgroup.com

Heavy Lift | News

Marine insurance: Reducing costs and capacity thumbnail image

Marine insurance: Reducing costs and capacity

September 19 - Marine insurance providers are commoditising their products in order to reduce costs. The result, according to the International Union of Marine Insurance (IUMI), is a loss of expertise.
Views: 171
Zeaborn forms JV with MPC thumbnail image

Zeaborn forms JV with MPC

September 18 - Zeaborn Group has formed a joint venture with MPC Capital Group to handle the chartering and commercial management of a fleet of more than 160 container and bulk carriers.
Views: 347
DHL strengthens network in Middle East and Africa thumbnail image

DHL strengthens network in Middle East and Africa

September 18 - DHL Industrial Projects is opening a centre of excellence (COE) in Dubai as well as offices in Egypt, Ethiopia, Kenya and Turkey to coordinate complex logistics projects in the Middle East and Africa.
Views: 408
ALE plans Swedish branch thumbnail image

ALE plans Swedish branch

September 18 - ALE will open an office in Sweden during the last quarter of 2019 as it looks to expand its operations in Scandinavia.
Views: 371

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