Toll Group

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Toll Holdings Limited
TypePublic
Traded asASXTOL, OTC Pink: THKUF
IndustryTransportation
FoundedAs a business - 1888
As a public company - 1993
As Toll Holdings - 1986
Founder(s)Albert Toll
Headquarters380 St Kilda Road
Melbourne, Victoria, Australia
Key peopleBrian Kruger, CEO
Ray Horsburgh, Chairman
RevenueIncrease A$8.719 billion (2013) [1]
Net incomeIncrease A$447.1 million (2013) [1]
Employees45,000+ (2012)
DivisionsToll Global Forwarding; Toll Global Logistics; Toll Global Resources; Toll Global Express; Toll Domestic Forwarding; and Toll Specialised and Domestic Freight
Websitehttp://www.tollgroup.com
 
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Toll Holdings Limited
TypePublic
Traded asASXTOL, OTC Pink: THKUF
IndustryTransportation
FoundedAs a business - 1888
As a public company - 1993
As Toll Holdings - 1986
Founder(s)Albert Toll
Headquarters380 St Kilda Road
Melbourne, Victoria, Australia
Key peopleBrian Kruger, CEO
Ray Horsburgh, Chairman
RevenueIncrease A$8.719 billion (2013) [1]
Net incomeIncrease A$447.1 million (2013) [1]
Employees45,000+ (2012)
DivisionsToll Global Forwarding; Toll Global Logistics; Toll Global Resources; Toll Global Express; Toll Domestic Forwarding; and Toll Specialised and Domestic Freight
Websitehttp://www.tollgroup.com
Toll Delivery Truck
Toll Wagga Wagga Depot

Toll Holdings Limited is Australia's largest transport company, based in Melbourne, Victoria. The company has operations in road, rail, sea and air in 55 countries.

Operating Divisions[edit]

The Toll Group has six 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 Global Resources[edit]

Toll Global Resources 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, passenger services and aircraft charter.

Toll Domestic Forwarding[edit]

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

Toll Specialised and Domestic Freight[edit]

Toll Specialised and Domestic Freight offers Australia-wide services for palletised freight services, liquids and chemicals distribution, and warehousing. It also provides specialist relocation services.

History[edit]

Toll was founded in 1888 by Albert Toll in Newcastle, hauling coal with horse and cart. By the time of his death in 1958 at the age of 95, Albert was operating a fleet of trucks in five locations.

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 operation outside the capital cities.

In 1986 Toll was sold to a management buyout team led by current Managing Director Paul Little and Toll's first Chairman Peter Rowsthorn, and in 1993 Toll listed on the ASX.[2]

Timeline[edit]

Toll Shipping's Tasmanian Achiever roll-on roll-off vessel

Acquisition of Patrick Corporation - Restructure and Demerger[edit]

As part of the agreement with the Australian Competition and Consumer Commission over the acquisition of Patrick, Toll was required to dispose of several assets. It sold Patrick's Bass Strait Shipping and Tasmanian Freight Forwarding businesses to the Chas Kelly Transport Group.[14] It was originally required to also sell half of Pacific National, however, in 2007 Toll proposed a "variation" to separate Toll into separate logistics and infrastructure companies. Toll sought and received permission to retain complete ownership of Pacific National in the new Infrastructure Company provided that there was a complete separation of the boards and management of the two companies and all contracts between them were on an arm's length basis.[15] The Infrastructure Company is today known as Asciano Limited.

See also[edit]

References[edit]

External links[edit]

Business data