Toll’s takeovers man to go next year

Stephen Stanley, the man Paul Little entrusted with Toll’s vaunted takeover strategy over the past decade, will leave the firm on June 30, the firm says today. Having arrived in 1999 as head of development in his late 30s, Stanley bows out as Director of Strategy, Mergers and Acquisitions having been involved with some of the pivotal purchases in the company’s as it grew from a domestic trucking and logistics giant to a global transport and freight forwarding power. There was no mention of a successor.
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ACCC warning on port capacity and landside performance

The Australian Competition and Consumer Commission (ACCC) has raised the spectre of Melbourne port capacity constraints by 2015 imitating those experienced recently in Sydney.

It also notes that stevedores lack any incentive to improve poor performance in servicing trucks, except in Sydney under the Port Botany Landside Improvement Strategy (PBLIS). Commenting on the ACCC’s annual report on stevedoring operations, Container stevedoring monitoring report no. 13, Chairman Rod Sims urges the Victorian Government to embrace stevedoring newcomer Hutchison Port Holdings, which is due to start operations in Sydney and Brisbane in 2013.
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