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Toll NZ

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Toll NZ (Toll Consolidated)
Company typePublic
IndustryTransport
FoundedAs a business - 2003
As a public company - 2003
HeadquartersAuckland, New Zealand
Key people
David Jackson, CEO
Austen D Perrin, Chairman
ProductsToll Rail
Toll Tranz Link
Tranz Scenic
Tranz Metro
Hillside Engineering
The Interislander
RevenueNZ$700 million
($41.4 (FY 2005)
test
Number of employees
4,545 (2005)
Websitehttp://www.tollnz.co.nz

Toll NZ, formally Toll Holdings New Zealand Limited (NZX: TRH), New Zealand's largest transport company in terms of annual revenue and size and a subsidiary of the Australian company Toll Holdings, has its headquarters in Auckland, New Zealand. It carries out operations by road and rail, at sea and in the air.

The company started in 2003 when the large Australian transport group, Toll Holdings, purchased an 85% stake in Tranz Rail Holdings. In January 2004, the company acquired a new name (Toll New Zealand) and a new board.

For the fiscal year ending November 2005, Toll NZ reported a net income of NZ$41.4 million on NZ$678 million of sales revenue. It has a market capitalization of around NZ$600 million.

Toll NZ has twice garnered nominations for the Roger Award for worst transnational corporation in New Zealand. (Tranz Rail, which Toll took over, won the award three times.)

History

  • 2003: Australian transport multinational Toll Holdings purchases Tranz Rail Holdings.
  • 2003: Toll NZ sells its shareholding in TasRail to Toll Holdings subsidiary Pacific National.
  • 2003: Toll NZ purchases New Zealand transport company JD Lyons for an undisclosed amount.
  • 2004: Toll NZ negotiates access fees with New Zealand Railways Corporation.
  • 2005: Toll NZ reports a profit of NZ$41.5 million, an increase of 31%.
  • 2005: Freight volumes on rail in New Zealand surpass those of the 1980s.
  • 2006: Toll and the New Zealand Police introduces a safety-programme aimed at reducing deaths at railway level-crossings.
  • 2006: Toll Holdings, the parent company of Toll NZ, purchases Patrick Corporation, making it the fourth-largest transport company in the world (behind FedEx, UPS).

Toll Rail

Toll Rail logo

Overview
Reporting marks: TOLL, TRH
Locale: From Otiria in the north to Bluff in the south
Dates of operation: 2003—present
Track gauge: 1067 mm (narrow gauge)
Locomotives: 170
(est 2005)
Headquarters: Takapuna, Auckland

Toll Rail (commonly Toll) comprises the main trading division of Toll. It operates the only long-haul railway in New Zealand, with headquarters in Auckland. It operates rail services on over 3,898 km of track.

Major activities

Toll transports large amounts of West Coast coal on the spectacular Midland Line. It also transports significant quantities of auto-parts and completed vehicles. It operates intermodal container trains. It also carries significant quantities of fertilizer, steel, timber and milk.

According to its 2003 annual report to investors, it had more than 4,000 employees, 140 locomotives, and 4,000 wagons (freight cars).

Tranz Metro

Tranz Metro, a wholly-owned subsidiary company of Toll, operates urban commuter rail-services in the Wellington region of the lower North Island. Its fleet comprises 124 suburban electric units and 15 Wairarapa carriages.

Tranz Scenic

Tranz Scenic operates long-distance passenger rail-services: the Overlander and the Capital Connection on the North Island Main Trunk in the North Island, and the TranzCoastal and the TranzAlpine in the South Island.

Livery

Toll Rail's locomotive fleet sports a variety of different liveries:

  • New Zealand Railways Corporation International Orange "Fruit Salad": Orange long hood with grey cab and roof with a yellow short hood, introduced 1981.
  • Tranz Rail Cato blue: As with International orange, but replacing the orange on the long hood with Cato blue , introduced 1995.
  • Tranz Rail Hi-Vis Bumble Bee: black long hood and roof with a yellow short hood, introduced 2001.
  • Toll Rail Corn Cob: green long hood with yellow short hood and three green "whiskers", introduced 2004.

Track network and facilities

Largely a transporter of bulk commodities, Toll Rail operates on 3,898 kilometres of track to most major towns and cities in both the North and South Islands. The New Zealand Government owns the track that Toll Rail operates on, and Toll pays an access charge.

The company has major rail yards in:

The main locomotive-depots:

Statistics

  • Network owned by ONTRACK and used by Toll Rail:
    • Route length: 3,898 km
    • Track gauge: 1067 mm (narrow gauge)
    • Tunnels: 149
    • Bridges: 2,178
    • Electrification: 95 km at 1.5 kV DC, 411 km at 25 kV 50Hz AC
  • Locomotives (in service):
  • Wagons:
    • Container flat-top: 2,263
    • Hi-cube: 78
    • Canopy: 120
    • Box: 409
    • Hopper: 245
    • Curtain-sided: 107
    • Refrigerated: 52
    • Log: 436
    • Tank: 101
    • Flat-top: 120

Total wagon fleet: 4,321
Total containers: 2,748

Toll Tranz Link, the trucking arm of Toll NZ, has its headquarters in Onehunga, Auckland.

  • Its fleet comprises over 400 trucks and 1,000 trailer units (both owned by the company and owner-operated).
  • It sold its refrigerated operation to Hall's Refrigerated Transport, as per an agreement in December 2005.
  • Toll Tranz Link works closely with other operators to share fleets.
  • Owner-drivers provide most of its trucks.

Toll Shipping

Toll Shipping's Cook Strait ferry Arahura in the Marlborough Sounds.

Toll Shipping (branded The Interisland Line) offers daily ferry services across Cook Strait, providing an important transport link between the North and South Islands for passengers and their vehicles, commercial vehicles and rail freight. The fleet of Toll Shipping consists of:

Toll Priority

In 2004 Toll NZ launched a courier mail service, Toll Priority. Media sources stated that this initially aimed to provide distribution services for Toll International.

Corporate governance

Executive Board Management
Mark Rowsthorn Chairman
David Jackson CEO
Austen D Perrin CFO
Rodger D Armstrong Director
John J Loughlin Director
Executive Management
Gary Taylor General Manager, Toll Rail
Gregory Miller General Manager, Toll Tranzlink
Paul Garaty General Manager, Toll Shipping
Ross Hayward National Manager, Passenger (Tranz Metro and Tranz Scenic
Sue Foley General Manager, Corporate Affairs

Toll NZ corporate web sites

Toll NZ suppliers

Articles supporting or explaining Toll NZ