Effective June 1st, Carter Holt Harvey purchased the minority
shareholding in eCargo, making it a wholly-owned subsidiary of the
group.
The acquisition of the balance of the shareholding and alignment
of eCargo with Lodestar strengthens the company. It will provide
eCargo with a substantive platform from which to launch new
development initiatives in logistics resource management, as well
as a stronger corporate base to support the company's FMCG and
industrial clients.