Toll Group

Toll invests over US$130 million to upgrade its fleet

Australian logistics company Toll Group plans to invest A$200 million (US$132.6 million) in new vehicles aiming to refresh its fleet.

The investment will see 25% of the company’s Australian fleet renewed, with the introduction of nearly 400 Euro 6 standard prime movers and 20 rigid vehicles.

The fleet renewal investment is in partnership with Penske, Volvo Group Australia, and Isuzu, while the vehicles are set to be delivered from the current month.

Toll General Manager, Global Fleet Management,...

https://container-news.com/toll-invests-over-us130-million-to-upgrade-its-fleet/

M&A radar: AP Møller-Mærsk LCL benchmark deal rumoured – our shortlist

Denmark’s AP Møller-Mærsk Group (APMM) – which we argued at the end of 2020 had its finger on the M&A trigger – is now rumoured to be ready to deal, chiefly to boost its Less than Container Load (LCL) capabilities.
Rings a bell, doesn’t it?
For the narrative, maybe you recall our exclusive coverage in early September, headed: “APMM hires China veteran, covets air and LCL leadership“.
When contacted earlier today via email (subject: …

The post M&A radar: AP Møller-Mærsk LCL benchmark deal...

https://theloadstar.com/ma-radar-ap-moller-maersk-lcl-benchmark-deal-rumoured-our-shortlist/

COVID supply chain disruptions reinforce ‘China+1’ strategy

A green Toll Group container sitting on a rack.

A new survey of manufacturing and retail customers by third-party logistics provider Toll Group is reinforcing the narrative that the coronavirus pandemic is accelerating moves to diversify product sourcing away from China.

A quarter of customers are now planning to transition some of their operations out of China in the next three years, the global logistics powerhouse said. Melbourne, Australia-based Toll is the 17th largest 3PL in the world by gross revenue, according to Armstrong &...

https://s29755.pcdn.co/news/covid-supply-chain-disruptions-reinforce-china-1-strategy

Logistics Giant Holds Out Against Ransom Following Cyberattack!

  • Toll Group is having a tough year, and has confirmed that the “unusual activity” on its servers last week was a cyber attack, which has now led to ransom demands.
  • The threat – unrelated to the attack on Toll in January – involves ransomware called Nefilim.
  • Government authorities and cyber security experts have asked them not to engage with the hackers or pay a ransom.

Logistics giant Toll Group says it suffered a second major cyber attack this year, revealing it has closed numerous internal...

https://mfame.guru/logistics-giant-holds-out-against-ransom-following-cyberattack/

Toll Group victimized by ransomware attack

Green truck driving on highway, view from behind.

Australian logistics and freight transport powerhouse Toll Group announced on Tuesday that cybercriminals using ransomware known as “Nefilim” attacked its systems last week.

A corporate server containing information on current and former Toll employees and customers was infiltrated.

The Melbourne-based company said it shut down its information technology systems to mitigate the risk of further infection and has not given in to demands to pay a ransom in exchange for being allowed access to its...

https://www.freightwaves.com/news/toll-group-victimized-by-ransomware-attack

Toll Group resists ransom demands from hackers after cyber attack

Toll Group is having a tough year, and has confirmed that the “unusual activity” on its servers last week was a cyber attack, which has now led to ransom demands.
The threat – unrelated to the attack on Toll in January – involves ransomware called Nefilim.
The hackers accessed a corporate server containing information on Toll staff and some commercial agreements with enterprise customers, although Toll said the server was not “designed as …

The post Toll Group resists ransom demands from hackers...

https://theloadstar.com/toll-group-resists-ransom-demands-from-hackers-after-cyber-attack/

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