Toll Group Acquires Australia-Based Freight Forwarder

Toll Group has taken a significant step forward with its recent acquisition of Transolve Global, a specialist in international freight forwarding focusing on wine, bulk liquids, and perishables. Announced on May 14, 2025, this acquisition aims to enhance the capabilities of Toll Global Forwarding, providing innovative solutions to an expanded customer base.

Strategic Enhancements

This acquisition positions Toll Group to broaden its service offerings significantly, allowing them to provide tailored solutions for existing clientele while also attracting new customers in various sectors requiring specialized freight services. Transolve will function as a distinct brand under the Toll Global Forwarding umbrella.

Suhail Qureshi, Interim President of Toll Global Forwarding, expressed enthusiasm about the addition of Transolve, stating, “We are very excited about Transolve becoming part of Toll. The Transolve team has built impressive capabilities that will significantly enhance our customer solutions and drive our growth in our strategic verticals.”

Leadership and Vision

The leadership of the newly-formed business unit will be under Rachael Budd, CEO of Transolve, who will join the Toll Global Forwarding leadership team as Senior Vice President Transolve. Budd emphasized the potential of this partnership, stating, “This acquisition amplifies our capabilities and expands our reach, enabling us to deliver more value to our customers in the wine, bulk liquids, and food & beverage sectors.”

This strategic acquisition marks Toll Group’s ongoing commitment to supporting its customers' ambitious regional and global growth objectives.

Read More: Toll Group acquires Australia-based freight forwarder

Related Developments

Other industry shifts include DHL's expansion of its Electric Vehicle (EV) Centre of Excellence in Australia and Cleanaway's plans for growth in Melbourne. Additionally, Scania has recently released its new Super 11 engine, promising a seven percent fuel efficiency gain.

Conclusion

With the acquisition of Transolve, Toll Group is poised to deliver enhanced logistics services that cater to the specialized needs of various markets while reinforcing its role as a leader in the freight forwarding domain. This move not only diversifies their portfolio but also expands their capabilities within critical sectors.

Source: https://primemovermag.com.au/toll-group-acquires-australian-based-freight-forwarder/