re: Ann: TZ teams with Toll to trial A. D. A.... Analysis of today's announcement
Analysis
The trial with Toll Group further builds on TZ's first mover advantage in building an integrated secure parcel locker business.
It also builds on the distribution element of the business, which together with the "footprint", hold the key to its success.
The deal meets TZL's objective of adding as many interconnecting locker sites in as many locations as it can across Australia, allowing consumers a wide array and choice of geographic locations where they can collect their online purchases.
It will provide consumers with an alternative to Australia Post by offering an 'agnostic' product for online shoppers that can deliver goods from many different courier companies.
Momentum is with TZL, as its locker system stands to benefit online retailers, logistics providers and customers alike. We view the announcement as overall value accretive and would not be surprised to see further trials and contract wins ahead.
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