Australian group Toll, one of the Asia region’s leading providers of integrated logistics, has announced it has reached an agreement with China Merchants Group to acquire all the remaining 49 per cent of shares in Shenzhen-based ST-Anda Logistics. ST-Anda has an extensive logistics network across mainland China with warehouses and depots in more than 30 cities and a distribution network reaching over 1,500 cities across the country, according to Toll. “Moving ST-Anda to … [Read more...] about Toll to acquire full ownership of Chinese operation