| Toll NZ (Toll Consolidated) | |
|---|---|
| Type | Public |
| 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 ( |
| Net income | NZ$34.7 million ( |
| Employees | 4,545 (2005) |
| Slogan | The total logistics solution |
| Website | http://www.tollnz.co.nz |
Toll NZ, formally Toll Holdings New Zealand Limited (NZX: TRH), New Zealand's largest transport company in terms of annual revenue and size 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 the large Australian transport group, Toll Holdings, purchased an 85% stake in Tranz Rail Holdings. In January 2004, the company acquired a new name (Toll New Zealand) and 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 December 2007 rumours began circulating that the New Zealand government intended to buy Toll NZ due to an ongoing dispute between Toll and ONTRACK over track-access charges. However, Minister of Finance Michael Cullen would not confirm these rumours.[2] Toll NZ has twice garnered nominations for the Roger Award for worst transnational corporation in New Zealand. (Tranz Rail, which Toll took over, won the award three times.)
Contents |
History
- 2003: Australian transport multinational 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 and the New Zealand Police introduce a safety-programme aimed at reducing deaths at railway level-crossings.
- 2006: Toll Holdings, the parent company of Toll NZ, purchases Patrick Corporation, making it the fourth-largest transport company in the world (behind FedEx, UPS).
- 2007: Toll Holdings, the parent company of Toll NZ, purchases the remaining stock of Toll NZ
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.
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).
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. Its fleet comprises 124 suburban electric units and 15 Wairarapa carriages.
- Units link Wellington with Johnsonville, Paraparaumu, Melling, and Upper Hutt; and with intermediate points between Wellington and each of the other destinations.
- Carriage trains, named the "Wairarapa Connection", operate between Wellington and Masterton in the Wairarapa.
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.
Livery
Toll Rail's locomotive fleet sports a variety of different liveries:
- New Zealand Railways Corporation International Orange "Fruit Salad": Orange long hood with grey cab and roof with a yellow short hood, introduced 1981.
- Tranz Rail Cato blue: As with International orange, but replacing the orange on the long hood with Cato blue, introduced 1995.
- Tranz Rail Hi-Vis Bumble Bee: black long hood and roof with a yellow short hood, introduced 2001.
- Toll Rail Corn Cob: green long hood with yellow short hood and three green "whiskers", introduced 2004.
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A DQ sporting the old blue-and-yellow Tranz Rail colours. |
A DXR in Toll Rail colours. |
An EF in Tranz Rail "bumble-bee" livery. |
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A DC at National Park hauling "The Overlander" from Auckland to Wellington. |
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:
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
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 Island of New Zealand. Its two main competitors include Mainfreight, Linfox. It sold its refrigerated operation to Hall's Refrigerated Transport, as per an agreement in December 2005[3]. Toll Tranz Link works closely with other operators to share fleets; owner-drivers provide most of its trucks.
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 (formerly Isle of Innisfree, Pride of Cherbourg, Stena Challenger), marketed as Kaitaki;
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).
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 |
References
- ^ a b Toll result sees profit drop. National Business Review (22 August 2007). Retrieved on 2007-08-23.
- ^ John Drinnan (5 December 2007). Cullen plays it cool on railways rethink. New Zealand Herald. Retrieved on 2007-12-06.
- ^ Scoop
External links
Toll NZ corporate web sites
Toll NZ suppliers
Articles about Toll NZ
- Police lay charges on Toll NZ, Wairarapa Times-Age, January 26, 2006.
External links
- Toll NZ at Hoovers
- Toll NZ at New Zealand Herald
- Tranz rail Roger award news item, |Toll Roger award news item.
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| Toll Rail • Tranz Metro • Veolia • Taieri Gorge Railway • Tranz Rail |


