Toll Group

Toll Holdings Limited
Subsidiary
Industry
Founded Newcastle, Australia, (1888 (1888))
Founder Albert Toll
Headquarters Melbourne, Australia
Key people
 Michael Byrne (Managing Director)
John Mullen (Executive Chairman)[1]
Services Integrated Service Provider
Revenue A$8.8 billion [2] (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 Group, part of Japan Post, is a transportation and logistics company with operations in road, rail, sea, air and warehousing. Toll operates a network of 1,200 sites across 50 countries, with an Asia Pacific focus.[3]

Operating divisions

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

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

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

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

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

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

History

Toll was founded by Albert Toll in 1888 as a coal haulage business in Newcastle, Australia—hauling coal with horse and cart.[4] 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.[5]

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 , Executive Director Mark Rowsthorn and Toll's first Chairman Peter Rowsthorn. In 1993 Toll listed on the ASX.[6]

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.[6]

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.[7] The transaction was completed in May 2015. On April 25, 2017, Japan Post Holdings said it would have a Y40bn ($360m) loss for its first full financial year as a listed company, due to losses from Toll Holdings, which it controversially acquired in 2015.[8]

Timeline

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.

Environmental record

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.[17]

Sponsorship

From 2008 to 2013 the company sponsored the Holden Racing Team.[18]

See also

Historic Toll Signage in Newcastle

References

  1. ↑ http://www.theaustralian.com.au/business/companies/japan-post-reshuffles-toll-management/news-story/13d88224e6e8c618b563524ac428eda9
  2. 1 2 Wiggins, Jenny (19 August 2014). "Toll Holdings warns conditions 'difficult'". The Sydney Morning Herald. Retrieved 24 November 2014.
  3. ↑ "Toll’s network spans the globe". Toll Group. Retrieved 2017-05-05.
  4. ↑ 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.
  5. ↑ History, Toll Group, archived from the original on 13 July 2014
  6. 1 2 Annual General Meeting Chairman and Managing Director Speeches (PDF), ASX, retrieved 2010-10-29
  7. ↑ 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)
  8. ↑ Lewis, Leo (April 25, 2017). "Japan Post warns of losses after blow from Toll". Financial Times. Retrieved April 30, 2017.
  9. ↑ "Toll’s Asian growth platform successfully secured" (PDF) (Press release). Toll Holdings. 2006-05-03. Retrieved 2006-06-04.
  10. ↑ "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.
  11. ↑ "Toll to acquire Perkins Shipping" (PDF) (Press release). 15 June 2009. Archived from the original (PDF) on 25 February 2012.
  12. ↑ "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.
  13. ↑ "Toll Group acquires leading NZ freight forwarder" (PDF) (Press release). 23 October 2009. Archived from the original (PDF) on 23 June 2013.
  14. ↑ "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.
  15. ↑ "Toll Group announces Asian acquisition and provides trading update" (PDF) (Press release). 7 June 2010. Archived from the original (PDF) on 21 February 2011.
  16. 1 2 "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.
  17. ↑ Environment Reporting: Managing climate change & energy risks (PDF), Toll Group, 2013
  18. ↑ Toll to end Holden Racing Team sponsorship, Speedcafe, 18 September 2013, archived from the original on 8 November 2014
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