Toll Group has successfully acquired Transolve Global (Transolve), an Australian-based specialist in international freight forwarding of bulk liquids and perishables.
This acquisition aims to strengthen Toll Group’s ability to deliver innovative logistics solutions to its expanded customer base, leveraging Transolve’s renowned expertise in handling specialised commodities such as bulk liquids and perishables.
The integration of Transolve as a separate brand within Toll Global Forwarding reportedly ensures continuity in service while enhancing the offerings available to customers.
Rachael Budd, CEO of Transolve, will now lead the newly established business unit within Toll Global Forwarding as Senior Vice President, Transolve.
Earlier this week, Kaleris announced the acquisition of Locus Software, a UK-based operations management system for carriers.