Toll Group boosts delivery business with GraysOnline partnership

GraysOnline sells more than 120,000 items every month on its website, and Toll will be there to deliver the packages.

Justin Loiseau

Justin Loiseau hails from the great united state of North Carolina, where he started his first business at the ripe age of five: melting crayons into candles. With the infamous Crayola Crash of 1994, Justin moved on to study economics and environmental studies as a Morehead-Cain Scholar at the University of North Carolina. He has worked in a variety of sectors across the globe, from management consulting to the United Nations, and once spent three months examining invasive snails in Vietnam. Justin discovered The Motley Fool in 2012 and it’s been love ever since. Creativity, contrarianism, kerfuffling… what more could one want? When he’s not playing the Fool, you can find Justin at the University of Auckland, where he is pursuing a Masters in Economics as a Rotary Ambassadorial Scholar. Justin finds biogas digesters fascinating and can unicycle a mile in seven minutes.

Published August 21, 2013 4:32 pm AEST

Toll Group (ASX: TOL) announced today that it has added GraysOnline, one of Australia's largest online retailers, to its growing list of online parcel delivery clients.

According to the release, GraysOnline sells more than 120,000 items every month on its website, and Toll will be there to deliver the packages. "It's encouraging to see two industry-leading companies joining forces to improve the online retail experience," said Toll Managing Director Brian Kruger in a statement. "We know it is a growth area, so offering the best possible customer delivery experience is crucial if we want to stay ahead. We will work with GraysOnline to improve further, and we hope to announce some more exciting service improvements next year."

GraysOnline CEO Cameron Poolman shared similar sentiments, calling Toll's national network "second-to-none."

This most recent partnership stems from Toll's creation of a "Consumer Delivery" business last year. The company currently controls around 7% of the business-to-consumer market, but expects the GraysOnline deal to grow that number "significantly" in the next month. With a $170 million freight sorting facility currently under construction, Toll Group is eyeing some serious expansion for this sector in the years to come.

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Motley Fool contributor Justin Loiseau has no position in any stocks mentioned in this article. You can follow him on Twitter @TMFJLo.

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