Toll NZ
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| Toll NZ (Toll Consolidated) | |
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| Type | Subsidiary of Toll Holdings (Toll Australia) |
| Founded | As a business - 2003 As a public company - 2003 |
| Headquarters | Auckland, New Zealand |
| Key people | David Jackson, CEO Austen D Perrin, Chairman |
| Industry | Rail transport in New Zealand |
| Products | Rail and road freight-transport, long-distance passenger-transport, urban passenger-transport, storage and warehousing, sea-freight |
| Revenue | NZ$725.8 million (  $25.8 million (FY 2006)[1] |
| Net income | NZ$34.7 million ( $21.4 million (FY 2006)[1] |
| Employees | 4,545 (2005) |
| Website | http://www.tollnz.co.nz |
Toll NZ, formally Toll Holdings New Zealand Limited, New Zealand's largest transport company in terms of annual revenue and size[citation needed] and a subsidiary of the Australian company Toll Holdings, has its headquarters in Auckland. It carries out operations by road and rail, at sea and in the air.
The company started in 2003 when Toll Holdings purchased an 85% stake in Tranz Rail Holdings. In January 2004, the company was renameed Toll New Zealand, with 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.
In May 2008 the New Zealand Government agreed to buy Toll NZ's rail and ferry operations for $665 million[2]. Minister of Finance Michael Cullen had previously refused to confirm these rumours of a buy back in December 2007.[3].
Toll NZ has twice been nominated for the Roger Award for worst transnational corporation in New Zealand. (Tranz Rail, which Toll took over, won the award three times.)
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[edit] History
- 2003: 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 begins negotiating access fees with New Zealand Railways Corporation ( now ONTRACK).
- 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 NZ, ONTRACK and the New Zealand Police introduce a safety-programme aimed at reducing deaths at railway level-crossings.
- 2006: Toll Holdings purchases Patrick Corporation, making it the fourth-largest transport company in the world, behind FedEx and UPS).
- 2007: Toll Holdings purchases the remaining stock of Toll NZ
- 2008: The New Zealand Government buys the rail and ferry operations from Toll Holdings for $665 million
- 2008: Toll Holdings buys New Zealand trucking firm United Carriers
[edit] Toll Rail
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| Overview | |
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| 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), the main trading division of Toll, operates the only long-haul railway in New Zealand. From its headquarters in Auckland it oversees rail-services on over 3,898 km of track.
[edit] 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).
[edit] 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. It operates 124 suburban electric unit cars and 18 Wairarapa carriages, the latter owned by Greater Wellington Regional Council.
- Units link Wellington with Johnsonville, Paraparaumu, Melling, and Upper Hutt, and intermediate points.
- Carriage trains, named the "Wairarapa Connection", operate between Wellington and Masterton in the Wairarapa.
[edit] Tranz Scenic
Toll brands its long-distance passenger trains as Tranz Scenic: 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.
[edit] Livery
Toll Rail's locomotive fleet has a variety of different liveries:
- New Zealand Railways Corporation International Orange "Fruit Salad": orange long hood, grey cab and roof, yellow short hood; introduced 1981.
- Tranz Rail Cato blue: as "Fruit Salad", but with Cato blue long hood; introduced 1995.
- Tranz Rail Hi-Vis Bumble Bee: black long hood and roof, yellow short hood; introduced 2001.
- Toll Rail Corn Cob: green long hood, yellow short hood, three green "whiskers"; introduced 2004.
 A DQ in Tranz Rail Cato blue livery. |
 A DXR in Toll Rail livery. |
 An EF in Tranz Rail "bumble bee" livery. |
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 A DC at National Park hauling "The Overlander" from Auckland to Wellington. |
[edit] 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:
[edit] 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
[edit] Toll Tranz Link
Toll Tranz Link, New Zealand's largest trucking company, has its headquarters in Onehunga, Auckland. It operates a fleet of over 400 vehicles and 1,000 trailer units across both the North Island and South Islands. Major competitors include Mainfreight and Linfox.
It sold its refrigerated operation to Hall's Refrigerated Transport in December 2005[4]. Toll Tranz Link works closely with other operators to share fleets; owner-drivers provide most of its trucks.
[edit] Toll Shipping
Toll Shipping (branded Interislander) 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:
- MV Arahura;
- MV Aratere;
- MV Challenger|Kaitaki (formerly Isle of Innisfree, Pride of Cherbourg, Stena Challenger, Challenger).
[edit] 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 Global Fowarding (formally Toll Interational).
[edit] Corporate governance
| Executive Board Management | |
| Mark Rowsthorn | Chairman |
| David Jackson | CEO |
| Grant Devonport | CFO |
| Rodger D Armstrong | Director |
| John J Loughlin | Director |
| Executive Management | |
| Joe Garbellini | 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 |
[edit] References
- ^ a b Toll result sees profit drop. National Business Review (22 August 2007). Retrieved on 2007-08-23.
- ^ Rail buy back marks new sustainable transport era (5 May 2008). Retrieved on 2008-05-05.
- ^ John Drinnan (5 December 2007). Cullen plays it cool on railways rethink. New Zealand Herald. Retrieved on 2007-12-06.
- ^ Scoop
[edit] External links
[edit] Toll NZ corporate web sites
[edit] Toll NZ suppliers
[edit] Articles about Toll NZ
- Police lay charges on Toll NZ, Wairarapa Times-Age, January 26, 2006.
[edit] External links
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