interview
PAUL LITTLE IS managing director of Toll Holdings, a leading integrated logistics provider covering the Asia Pacific region. The Melbourne- headquartered company has been pursuing an aggressive policy of expansion by acquisition
With its recent expansion, Tollmust regard the future with optimism. Is economic recovery underway? Is recession a thing of the past as business returns to normal global trading conditions?
“The air freight side is probably about a third of the income that we generate from our global forwarding business and I don’t think we’ve seen anything that other forwarders haven’t
18 AIR LOGISTICSCHINA
experienced. Clearly, the improvement in the air freight yield has been a welcome change from that seen earlier this year, driven by a number of factors. “We need a flat period of consolidation and
then hopefully we’ll see a good Christmas.We will then be building for the future on a base that’s more predictable. I don’t think we’ll bounce back to ‘the good times’ in the next year or two though.”
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