Toll Group

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Toll Holdings Limited
Private
Industry
Founded Newcastle, Australia, (1888; 127 years ago (1888))
Founder Albert Toll
Headquarters Melbourne, Australia
Key people
Services Integrated Service Provider
Revenue A$8.8 billion [1] (2014)
Profit A$293.1 million [2] (2014)
Number of employees
40,000+ (2014)
Parent Japan Post Holdings
Divisions
Website http://www.tollgroup.com
Toll's 10-tonne electric truck by Smith Electric. It has a range of up to 200km and a top speed 95km/h. It runs on an 80 kWh lithium-ion battery, requires 5-6 hours overnight charge, and is zero-emission.
Toll 737 aircraft.

Toll Group, part of Japan Post, is a transportation and logistics company with operations in road, rail, sea, air and warehousing. With an Asia Pacific focus, Toll operates a network of 1,200 sites across 50 countries, providing customers with global reach.

Operating divisions[edit]

An A F Toll marked Albion vehicle, when the business operated out of Sydney, Newcastle and Cessnock.
Toll Shipping's Tasmanian Achiever roll-on roll-off vessel

The Toll Group has five operating divisions:

Toll Global Forwarding[edit]

Toll Global Forwarding provides international freight forwarding and supply chain management services that range from complex supply chain services through to port-to-port freight forwarding movements.

Toll Global Logistics[edit]

Toll Global Logistics provides specialist contract logistics. It offers transport, warehousing and value-added services including: freight transport services, distribution services, warehousing, cross docking, wharf services, supply chain services and finished parts logistics.

Toll Resources & Government Logistics[edit]

Toll Resources & Government Logistics provides logistics and supply chain services to the oil and gas, mining, energy and government and defence sectors in Australia, Asia and Africa.

Toll Global Express[edit]

Toll Global Express provides parcel and courier delivery services; freight transport services such as local and interstate linehaul movements; distribution services such as pick, pack and delivery; data and document services such as document management, data warehousing and print management services; and aircraft and airport services including ground and cargo handling, and aircraft charter.

Toll Domestic Forwarding[edit]

Toll Domestic Forwarding provides domestic road, rail and sea freight forwarding within Australia and New Zealand.

History[edit]

Toll was founded by Albert Toll in 1888 as a coal haulage business in Newcastle, Australia—hauling coal with horse and cart.[3] At the time of Albert Toll's death in 1958 at the age of 95, he was operating a fleet of trucks in five locations.[4]

In 1959 the Toll business was purchased by National Minerals. In 1962 it became part of mining conglomerate Peko Wallsend, which used Toll for all its transport activities. Under Peko Wallsend, Toll was developed into a national carrier. The company subsequently underwent a name change to Toll-Chadwick, and its new owners sought to integrate its businesses and expand into containerised shipping. By the mid-1980s, Toll-Chadwick had grown into one of Australia’s biggest transport operations outside the capital cities.

In 1986 Toll was sold to a management buyout team led by Managing Director Paul Little and Toll's first Chairman Peter Rowsthorn. In 1993 Toll listed on the ASX.[5]

In 2010 Toll commenced the One Toll Program which integrated operations under the One Toll umbrella. Externally the program drove the common external appearance and branding, and internally it drove common processes, culture and values.[5]

In February 2015, Japan Post, the state-owned postal service operator, made a A$6.5 billion cash takeover bid for the company, an offer Toll's board unanimously recommended. [6] The transaction was completed in May 2015.

Timeline[edit]

  • 1888 The company was founded in Newcastle, Australia.
  • 1960 After the death of its founder, Albert Toll, the company was sold to National Minerals Limited.
  • 1985 The company became Toll Transport
  • 1986 A management buyout team led by Paul Little and Peter Rowsthorn takes control of the company.
  • 1993 Listed as a public company on the Australian Stock Exchange
  • 1995 Various acquisitions of Australian transport companies, including parts of Brambles Transport, JN Transport
  • 1998 Purchases Interstate Parcel Express Company.
  • 1999 Sales growing by 52%, attaining major contracts with the distributors of Coca Cola
  • 2001 Acquired Finemore Holdings
  • 2001 Acquired Autotrans Car Transport based in Western Australia
  • 2001 Acquired Wesfarmers Transport based in Western Australia
  • 2002 Partnership with Patrick Corporation to acquire National Rail (now Pacific National)
  • 2003 Acquired New Zealand rail and trucking group Tranz Rail (now Toll NZ), and Tasmanian rail operator TasRail as part of Pacific National.
  • 2005 Acquired New Zealand trucking company JD Lyons.
  • 2006 Acquired Singaporean logistics company SembCorp Logistics (SembLog) [7]
  • 2006 Acquired Patrick Corporation after a long and acrimonious takeover battle.
  • 2008 Acquired Hong Kong based freight forwarder BALtrans Holdings as part of the company's continued expansion into Asia.
  • 2008 Acquired United Carriers based in New Zealand,
  • 2008 Sold Toll NZ's rail operations to New Zealand Government.
  • 2008 Acquired Gluck
  • 2008 Acquired Extra Transport
  • 2009 Acquired BIC Logistics India[8]
  • 2009 Acquired Perkins Shipping based in Darwin[9]
  • 2009 Acquired Deltec, Kwikmail and Skynet [10]
  • 2009 Acquired Express Logistics Group [11]
  • 2010 Acquired ST-Anda Logistics.
  • 2010 Acquired Summit Logistics International [12]
  • 2010 Acquired DPEX Group [13]
  • 2010 Acquired WT Sea Air Group based in the United Kingdom[14]
  • 2010 Acquired Genesis Forwarding Group based in the United Kingdom[14]
  • 2011 Managing Director, Paul Little retires
  • 2012 Brian Kruger takes over the role as Managing Director
  • 2013 Acquired Tasmanian freight forwarding service Trans Bass from Linfox
  • 2013 Toll celebrates 125 years
  • 2015 Acquired by Japan Post

Environmental record[edit]

Toll is implementing a Smarter Green Program to develop sustainable responses that address their energy needs and to mitigate climate change risks. In the short term they are applying new technologies to reduce their consumption of non-renewable energy sources and to reduce their greenhouse gas emissions and in the long term they intend to increase their use of viable renewable energy sources and to develop sustainably. [15]

Toll has a target of reducing their emissions intensity from their Australian based operations by 20% over the ten year period, 2010 to 2020.[16] In a report published in 2013 Toll indicated the trialling of a variety of energy sources including biodiesel blends, natural gas, compressed natural gas, liquefied natural gas, diesel additives, electric and diesel-electric combinations.[15]

Based on data published in 2013, Toll IPEC has 25 vehicles running on compressed natural gas, Toll Mining Services has 94 dual fuel clean air power systems and five liquefied natural gas systems, Toll IPEC has electric small passenger cars and light commercial vehicles, Toll Transitions has a small fleet of electric / petrol Toyota Prius hybrids, Toll Energy has several AB Triples and Toll has a fleet of high productivity vehicles and Hino hybrid vehicles.[15]

Sponsorship[edit]

From 2008 to 2013 the company sponsored the Holden Racing Team.[17]


References[edit]

  1. ^ Wiggins, Jenny (19 August 2014). "Toll Holdings warns conditions 'difficult'". The Sydney Morning Herald. Retrieved 24 November 2014. 
  2. ^ Wiggins, Jenny (19 August 2014). "Toll Holdings warns conditions 'difficult'". The Sydney Morning Herald. Retrieved 24 November 2014. 
  3. ^ Dobbie, Mike (12 June 2005). "Keeping Toll a history of profits, top management". The Sun Herald (Fairfax Media). Archived from the original on 9 January 2015. 
  4. ^ History, Toll Group, archived from the original on 13 July 2014 
  5. ^ a b Annual General Meeting Chairman and Managing Director Speeches (PDF), ASX, retrieved 2010-10-29 
  6. ^ NBR http://www.nbr.co.nz/article/japan-post-launches-a65b-takeover-bid-toll-holdings-bd-168843. Retrieved 24 March 2015.  Missing or empty |title= (help)
  7. ^ "Toll’s Asian growth platform successfully secured" (PDF) (Press release). Toll Holdings. 2006-05-03. Retrieved 2006-06-04. 
  8. ^ "Acquisition boosts Toll's linehaul business in India" (PDF) (Press release). Toll Group. 1 May 2009. Archived from the original (PDF) on 20 February 2011. 
  9. ^ "Toll to acquire Perkins Shipping" (PDF) (Press release). 15 June 2009. Archived from the original (PDF) on 25 February 2012. 
  10. ^ "Toll Group acquires three Asian international express businesses" (PDF) (Press release). Toll Group. 24 June 2009. Archived from the original (PDF) on 25 February 2012. 
  11. ^ "Toll Group acquires leading NZ freight forwarder" (PDF) (Press release). 23 October 2009. Archived from the original (PDF) on 23 June 2013. 
  12. ^ "Toll Group acquires Summit to take leading role in Greater China-USA trade lane" (PDF) (Press release). 2 February 2010. Archived from the original (PDF) on 16 July 2011. 
  13. ^ "Toll Group announces Asian acquisition and provides trading update" (PDF) (Press release). 7 June 2010. Archived from the original (PDF) on 21 February 2011. 
  14. ^ a b "Toll Group joins the top tier in the UK with two freight forwarding acquisitions and announces divestment of investment in Pacorini Toll" (PDF) (Press release). 9 July 2010. Archived from the original (PDF) on 17 July 2011. 
  15. ^ a b c Environment Reporting: Managing climate change & energy risks (PDF), Toll Group, 2013 
  16. ^ Toll confident of gains from Federal anti-emissions policy, Australian Transport News, 16 January 2014, archived from the original on 11 March 2014 
  17. ^ Toll to end Holden Racing Team sponsorship, Speedcafe, 18 September 2013, archived from the original on 8 November 2014 

External links[edit]