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It has 90 sites in 28 markets which, combined with an agent network, services more than 150 markets. It is one of the largest freight forwarders on the Asia to Australia, New Zealand, and USA corridors. [3] In 2023, Toll Global Forwarding managed around 500,000 air and ocean freight shipments. A Toll UD delivery truck in Japan
A freight forwarder or forwarding agent is a person or a company who co-ordinates and organizes the movement of shipments on behalf of a shipper (party that arranges an item for shipment) by liaising with carriers (party that transports goods).
[14] [15] This year, [16] and in 2019 and 2020, TQL was ranked a Fortune 100 Best Companies to Work For. [17] The company is a five time winner of the Fortune Best Workplaces for Millennials award. [18] In February 2022, TQL and the Government of Kentucky Economic Development Cabinet announced intentions to create 525 new jobs across the state ...
Global freight volumes according to mode of transport in trillions of tonne-kilometres in 2010. In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air.
Expeditors maintains a compensation structure that is unique to the logistics industry. According to their 2003 annual report, [8] "Each of the Company's branches are independent profit centers and the primary compensation for the branch management group comes in the form of incentive-based compensation calculated directly from the operating income of that branch.
In August 2024, the company took delivery of a third Boeing 777F and inaugurated new services between the US and Asia in partnership with US air cargo carrier Atlas Air (the US cargo company operates the plane on behalf of the French carrier). [7] The company also retired two of its three Airbus A330-200F towards the end of the second quarter.