Team Two logistics will be renamed as ‘Team One logistics’ to focus on logistics business and reduce costs.
The business, which is the largest logistics provider in the State, will operate out of the former Bentleigh Industrial Park at Macquarie Street and South Bank.
CEO Nick O’Brien said the new name would give the business more focus and speed.
“The new name gives us the opportunity to focus more on the logistics business,” Mr O’Briens said.
It’s been a difficult and challenging few years for the company.
In July, the company announced it would lay off around 700 people and cut staff.
Mr O’Berry said the company had already been working hard on improving its logistics business.
Team Two is currently in discussions with its suppliers to determine the best way to get the business up and running.
Originally published as Team Two rebranded as ‘team two logistics’