Media release

Toll Group invests AU$10 million in distribution centre in South Korea

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Baeksa, South Korea WH

SEOUL, 23 FEBRUARY 2023 – Toll Group, one of Asia Pacific’s leading transport and logistics companies, today announced an investment AU$10 million in its warehouse facility in Baeksa, South Korea to support growing customer demand.

The expanded facility has the capacity to store 300,000 inventory items and is 23,000 sqm, the equivalent in size of four football fields, tripling Toll’s warehouse footprint in South Korea.

The investment includes state-of-the-art advanced automation technology, one of the first of its kind in South Korea, to support the growth in ecommerce, retail and omnichannel fulfilment for retail customers.

The advanced automation technology will include a tote-to-person operation using a carton-transfer unit and a modular conveyor belt system to deliver high inventory picking which will increase productivity and operational efficiency by 70 per cent.

Park Seungtaek, Country Manager, Toll Group Korea, said, “The investment reflects Toll’s commitment to grow this important market and service our customers across retail, chemicals, medical, pharmaceutical and cosmetics industries. The investment is part of our broader strategy to grow our Asia business.

“We are seeing exponential growth and strong demand from our customers for advanced warehouse management solutions. Our automation technology enables us to provide customers with improved productivity, as well as real-time tracking and traceability.

“The picking stations will dispatch items more quickly, enabling our customers to deliver their ecommerce orders faster, more economically and sustainably,” Mr Seungtaek said.

The Icheon facility is strategically located in the Gyeonggi Province, in close proximity to Seoul and the Metropolitan area. The Icheon warehouse complements Toll Group’s existing logistics facilities in Seoul and Incheon, and freight forwarding facilities in Pyeongtaek and the Busan Port.  

Toll now has 160 facilities in 13 markets across Asia and is making significant investment in the region with AU$650 million of investments planned over the next four years to expand operations in the region.

-ENDS-

About Toll Group

At Toll Group, we do more than just logistics-we move the businesses that move the world. Our 16,000+ team members can help solve any logistics, transport or supply chain challenge – big or small. We have been supporting our customers for more than 130 years. Today, we support more than 20,000 customers worldwide with 500 sites in 27 markets, and a forwarding network spanning 150 countries. We are proudly part of Japan Post.

Toll Group provides a range of services in South Korea including supply chain solutions, customs clearance, bonded storage and operation, temperature-controlled operations, in-flight meals operations, government product testing, reverse logistics, parcel services, transportation and freight forwarding.

www.tollgroup.com

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