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Introduction

Patrick Corporation Limited (‘Patrick’) is an Australian logistics company with interests in ports, rail and air. The main operations include stevedoring, container terminals, shipping and rail. It also owns a majority stake in Virgin Blue Airlines. The strategy, under Chief Operating Officer Chris Corrigan, is to develop a national multi-transport logistics group. Toll Holdings Limited (‘Toll’) is another major logistics company, but its operations are in road, warehousing and distribution. Toll has subsidiaries in New Zealand and some Asian countries on a joint-venture basis or through domestic clients. The firm’s strategy is to maintain services in Australia and seek international opportunities or strengthening existing positions.
On the 22nd August 2005, Toll launched a bid for Patrick with a view to providing a fully integrated transport and logistics company in Australia. The management at Patrick immediately rebuffed the offer but as of 14th April......

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Approximate Word Count: 4402
Approximate Pages: 18 (250 words per double-spaced page)

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