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- He had formed, with Malcolm McEacharn, a London-based shipping and mercantile firm, McIlwraith, McEacharn & Co (now ASP Ship Management), trading with Australia. They built up a fleet of ten ships sailing under the name of the Scottish Line to Australia (Melbourne, Victoria and Queensland) and carried many immigrants to Queensland as mentioned in the Cairns Post on Mon 13 June 1927. In 1880, McIlwraith pioneered the shipping of frozen meat and in 1887 opened a branch of his company in Melbourne, Australia, run by his brother John who had emigrated there earlier. He made the last of his many trips to Australia in 1912, after his successful reorganisation of the Tokyo tramways. In 1913, he retired to Salcombe in Devonshire, England, where he became a local benefactor, donating Cliff House to the town to house a library and the Salcombe Yacht Club. He died in 1932.
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