Toll Holdings

Against the odds: Risky business

As we commence the new year, the stark realisation is that supply chain professionals are going to have to become very creative to meet their budget targets. 
While hedging a raft of risks.
(Recent) history repeating  
I genuinely hope that all you dear readers have had some respite during the holiday season.
As we return to work, we are faced with depressingly familiar headlines such as China’s Ningbo province implementing Covid restrictions, which is …

The post Against the odds: Risky business

https://theloadstar.com/against-the-odds-risky-business/

Market Insight: Claw sharpening – Mærsk & Asia M&A, K+N CEO and more

There has been lots on Premium‘s (logistics) plate since last Friday.
From strongly rumoured interest by AP Møller-Mærsk (APMM) in Asian deal-making to Kuehne + Nagel initiating managerial changes, via Worldwide Flight Services affairs and the latest radio silence concerning CH Robinson + BDP International… as well as, take a breath… a slew of other side (Toll Group) chats that were unmissable for all supply chain Bengal baby tiggers like us.
Also …

The post Market Insight: Claw sharpening –...

https://theloadstar.com/market-insight-claw-sharpening-maersk-asia-ma-kn-ceo-and-more/

M&A radar: major private equity deals in logistics? Don’t hold your breath

One side of the “private equity story + logistics appetite” is here, in a well-written post published last week by The Loadstar – and headed: “Why private equity is into logistics, and here to stay“.
Another less conventional angle, however, in what isn’t a formal rebuttal of the much-appreciated coverage by a special guest from the private equity (PE) world is rather that private equity occasionally flirts with logistics, and when the …

The post M&A radar: major private equity deals in...

https://theloadstar.com/ma-radar-major-private-equity-deals-in-logistics-dont-hold-your-breath/

M&A radar: Who’s next?

That’s the most recurring question in our logistics circles, mainly spanning: targets for the logistics integrators (no concrete rumours so far); which freight forwarder is soon to be targeted (several unreliable suggestions, but some obvious names stand out); an apparent lack of combinations elsewhere in container shipping that brings only hypothetical scenarios to the fore (one is particularly explosive, but the fireworks are for another time).
So here’s a shortlist of some …

The post M&A...

https://theloadstar.com/ma-radar-whos-next/

Market Insight: DSV Panalpina – a ‘Sex, Lies, and Videotape’ moment, Mr Andersen?

A message shared internally by DSV Panalpina CEO Jens Bjørn Andersen last Friday captured the attention – let alone the imagination – of the hardcore crew at the Danish company. But some were left puzzled about the two sides of the same corporate story just at the time when the global freight forwarding leader’s shares broke through another record high – the latest on Tuesday: Dkr963.6.
That implies a whopping market …

The post Market Insight: DSV Panalpina – a ‘Sex, Lies, and Videotape’ moment,...

https://theloadstar.com/market-insight-dsv-panalpina-a-sex-lies-and-videotape-moment-mr-andersen/

M&A radar: Toll is the new UTi for DSV – still not interested, Mr Andersen?

Many have argued in the past year and even more so recently, that if DSV had known then what it knows now about the books at Panalpina (PAN) – due diligence was somewhat scant, as DSV fairly conceded in the early days of the integration – it would have probably looked elsewhere, anywhere, in order to strike a multi-billion dollar deal.
With all its contradictions and a bloated cost base, the …

The post M&A radar: Toll is the new UTi for DSV – still not interested, Mr Andersen? appeared first on T...

https://theloadstar.com/ma-radar-toll-is-the-new-uti-for-dsv-still-not-interested-mr-andersen/

Supply chain radar: Targeting Toll Group – it’s the Stone Age over again, damn it!

I’ve been busy over the last few days digesting the feedback from trusted Toll Group insiders to understand how precarious the situation is at the Australian logistics firm following the latest ransomware hacking. Lucky me.
The good news first: three months after the first cyber attack “the company is definitely more prepared this time round, in terms of their response. More structured,” one source, Mr Gloom, noted.
If that is encouraging, it’s …

The post Supply chain radar: Targeting Toll Group...

https://theloadstar.com/supply-chain-radar-targeting-toll-group-its-the-stone-age-over-again-damn-it/

Toll Group denies rumours parent Japan Post is looking for a buyer

Toll Group has denied it is to be sold by owner Japan Post (JP).
Toll MD Thomas Knudsen told staff today today JP had “dismissed the rumours”. (You can read more insight into this story on Loadstar Premium here.)
“You might be aware of speculation in the Australian media about plans by Japan Post to sell our business,” he wrote. “Our shareholder has  told us there are no plans to sell all or …

The post Toll Group denies rumours parent Japan Post is looking for a buyer appeared first on The...

https://theloadstar.com/toll-denies-sale/

M&A radar: Mullen exit rumoured, Japan Post ‘unrealistic’ on Toll’s value

Our Premium sources have been on fire recently, and thankfully so with regard to the latest shocking developments at Australia’s Toll Group.
Here is a quick recap: seriously troubled financially, the integrated logistics company is scouting for a buyer, any buyer, that could make sense of it, one way or another.
Or, rather, fix what might be left of the once-glorious group as the de-boning continues.
Devastation
Now glance at the end table below, …

The post M&A radar: Mullen exit rumoured, Japan...

https://theloadstar.com/jo-1-of-2-toll-mullen-exit-jp-sale-value-expectations/

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