Toll NZ

Toll NZ

Infobox_Company
company_name = Toll New Zealand
company_
company_type = Subsidiary of Toll Holdings (Toll Australia)
company_slogan = The total logistics solution
foundation = As a business - 2003
As a public company - 2003
location = Auckland, New Zealand
key_people = David Jackson, CEO
Austen D Perrin, Chairman
industry = Transport in New Zealand
num_employees = 4,545 (2005)
products = Rail and road freight transport, storage and warehousing, sea-freight
revenue = NZ$725.8 million
(|accessdate=2007-08-23]
net_income=NZ$34.7 million ( 2006)
homepage = [http://www.tollnz.co.nz/ http://www.tollnz.co.nz]

Toll Holdings New Zealand Limited is New Zealand's largest trucking company in terms of annual revenue and sizeFact|date=January 2008. A subsidiary of the Australian company Toll Holdings, it has its headquarters in Auckland. It carries out operations by road and in the air, and formerly by rail and sea.

The company started in 2003 when Toll Holdings purchased an 85% stake in Tranz Rail Holdings. In January 2004, the company was renamed 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 the sale of Toll NZ Ltd (less its trucking and distribution operations) for $665 million [citeweb|url=http://www.scoop.co.nz/stories/PA0805/S00053.htm|title=Rail buy back marks new sustainable transport era|date=5 May 2008|accessdate=2008-05-05] . Minister of Finance Michael Cullen had previously refused to confirm these rumors of a buy back in December 2007.cite web
url=http://www.nzherald.co.nz/topic/story.cfm?c_id=296&objectid=10480351
title=Cullen plays it cool on railways rethink|publisher=New Zealand Herald
author=John Drinnan|date=5 December 2007|accessdate=2007-12-06] . The sale was completed in July 2008, with Toll NZ Ltd being renamed KiwiRail Holdings Ltd.

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

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 Toll NZ Ltd (less its trucking and distribution operations) from Toll Holdings for $665 million, renaming the company KiwiRail Holdings Ltd.
* 2008: Toll Holdings buys New Zealand trucking firm United Carriers

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.

Toll sold its refrigerated operation, Tranz Link Refrigerated, to Hall's Refrigerated Transport in December 2005 [ [http://www.scoop.co.nz/stories/BU0511/S00336.htm Scoop] ] .Toll Tranz Link works closely with other operators to share fleets; owner-drivers provide most of its trucks.

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 International).

Corporate governance

References

External links

Toll New Zealand

* [http://www.toll.co.nz/ Toll New Zealand]

Now part of KiwiRail, previously part of Toll NZ

* [http://www.tranzscenic.co.nz/ Tranz Scenic]
* [http://www.tranzmetro.co.nz/ Tranz Metro]
* [http://www.hillsidenz.com/ Hillside Engineering]

Now KiwiRail suppliers, previously Toll NZ suppliers

* [http://www.ontrack.govt.nz/ ONTRACK]
* [http://www.alstom.co.nz/ United Group]

Articles about Toll NZ

* [http://times-age.co.nz/localnews/storydisplay.cfm?storyid=3670073&thesection=localnews&thesubsection=&thesecondsubsection= Police lay charges on Toll NZ] , "Wairarapa Times-Age", January 26, 2006.

External links

* [http://www.hoovers.com/toll-nz/--ID__51487--/freeuk-co-factsheet.xhtml Toll NZ] at Hoovers
* [http://www.nzherald.co.nz/organisation/index.cfm?o_id=217 Toll NZ] at New Zealand Herald


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  • toll — 1 n [Old English, tax or fee paid for a liberty or privilege, ultimately from Late Latin telonium custom house, from Greek tolōnion, from telōnēs collector of tolls, from telos tax, toll]: a charge for the use of a transportation route or… …   Law dictionary

  • Toll — Toll, n. [OE. tol, AS. toll; akin to OS. & D. tol, G. zoll, OHG. zol, Icel. tollr, Sw. tull, Dan. told, and also to E. tale; originally, that which is counted out in payment. See {Tale} number.] 1. A tax paid for some liberty or privilege,… …   The Collaborative International Dictionary of English

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  • Toll — Toll, er, este, adj. & adv. ein Wort, in welchem der Begriff einer Art eines ungestümen Geräusches der herrschende zu seyn scheinet. Es bedeutet überhaupt, ein solches ungestümes betäubendes Geräusch verursachend und darin gegründet. 1. Im… …   Grammatisch-kritisches Wörterbuch der Hochdeutschen Mundart

  • toll — [təʊl ǁ toʊl] noun 1. [countable] TRANSPORT the money you have to pay to use a particular road, bridge etc: • In parts of the USA tolls are charged for motorways. • Revenue is raised through customs duties and road tolls. 2. take a/​its toll on… …   Financial and business terms

  • toll — und voll: völlig betrunken; eine verstärkende Reimformel; ursprünglich ›Voll und toll‹, so noch oft bei Luther, z.B. ›An den christlichen Adel deutscher Nation‹ (Werke I, 298b). »ßo wurdenn sie zu Rom mercken, das, die deutschen nit alletzeit tol …   Das Wörterbuch der Idiome

  • toll — Adj. (Grundstufe) ugs.: sehr gut, ausgezeichnet Synonyme: super (ugs.), klasse (ugs.), fantastisch, himmlisch Beispiele: Das Buch ist wirklich toll. Sie sieht toll aus. toll Adj. (Aufbaustufe) unwahrscheinlich und deshalb kaum glaubhaft Synonyme …   Extremes Deutsch

  • Toll — Toll, v. t. [See {Tole}.] 1. To draw; to entice; to allure. See {Tole}. [1913 Webster] 2. [Probably the same word as toll to draw, and at first meaning, to ring in order to draw people to church.] To cause to sound, as a bell, with strokes slowly …   The Collaborative International Dictionary of English

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  • Toll — Toll, v. i. 1. To pay toll or tallage. [R.] Shak. [1913 Webster] 2. To take toll; to raise a tax. [R.] [1913 Webster] Well could he [the miller] steal corn and toll thrice. Chaucer. [1913 Webster] No Italian priest Shall tithe or toll in our… …   The Collaborative International Dictionary of English

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