Month: October 2010

October 27, 2010 Edward

After a quarter of a century at the head of Toll Holdings, Paul Little and the board have confirmed they are commencing an orderly succession to a new managing director. It is anticipated that this transition will be completed around January 2012. Paul Little has agreed to return to Toll as a non-executive director after…

October 12, 2010 Edward

Our annual review of cost changes has been completed and in accordance with our agreement all special quoted rates are due for adjustment. During the past year our wages and salaries costs have increased by 4.00%. The majority of this increase arises from EBA’s concluded prior to the Global Financial Crisis. The price of trucks,…

October 5, 2010 Edward

We have been advised that freight volumes from Frankfurt are exceeding pre-crisis levels and are up to 20% above the same period in 2009. These volume increases, coupled with a lack of additional capacity and the Q4 (4th quarter) peak season almost upon us, all major Carriers ex Germany have announced increases to their air…

October 1, 2010 Edward

Entry Transaction Fees will be increasing effective 1st October 2010 in line with the increase in GST from 12.5% to 15%, which comes into effect on the same day. The increased fees will apply to entries lodged with Customs on and after 1st October 2010. An Import Entry Transaction Fee of NZD 25.30 (incl. GST)…