Toll Group has announced that the company has been approved by the Port of Los Angeles Harbor Commission to manage transport and logistics operations at the Port’s 85-acre yard, located at 2401 E. Pacific Coast Highway in Wilmington, California.
The property, located adjacent to the largest port in the US and 18th largest in the world, includes 600,000 sq ft of warehouse space and open land for harbour trucking operations. This covers trucking and trans-load operations for approximately 9.5m containers.
Subject to the finalisation by the Los Angeles City Council, Toll Group will commence managing the site immediately, and is the first change in operator at the port in 50 years.
Toll Group has been steadily increasing market share in the US over the past year and has plans to further invest in the US business to support this new opportunity. Toll plans to invest US$1m to modernize the facility and bring over 300 jobs back to the facility.
Source: Toll Group
