AskBiography Logo   Latest News  Follow Us on Twitter  Follow Us on Google Buzz  Became Fan - Facebook  Subscribe to RSSRSS   Bookmark and Share

Toll NZ

Company nameToll Group (NZ) Limited
Company typePrivate Company
SloganThe total logistics solution
IndustryLogistics
FoundedMay 1, 2002
HeadquartersAuckland
Key peopleDavid Jackson, CEO
Austen Perrin, Chairman
ProductsFreight transport, storage and warehousing, sea-freight
RevenueNZ$725.8 million
($25.8 million (FY 2006)
Net incomeNZ$34.7 million ($21.4 million (FY 2006)
Employees4,545 (2005)
ParentToll Holdings Limited (Australia)
SubsidiaryToll (New Zealand) Ltd
Toll Finance (NZ) Ltd

     Home | Company | Toll NZ



Toll Group (NZ) Limited is a New Zealand trucking company. 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 purchase of Toll's rail and sea operation for $665 million. Minister of Finance Michael Cullen had previously refused to confirm these rumors of a buy back in December 2007. The sale was completed in July 2008, with the rail and ferry operating company being named KiwiRail 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.)


Warning: simplexml_load_file(http://gdata.youtube.com/feeds/api/videos/-/Toll/NZ?orderby=viewCount&max-results=10) [function.simplexml-load-file]: failed to open stream: HTTP request failed! HTTP/1.0 410 Gone in /home/askbio/public_html/index_bio.php on line 257

Warning: simplexml_load_file() [function.simplexml-load-file]: I/O warning : failed to load external entity "http://gdata.youtube.com/feeds/api/videos/-/Toll/NZ?orderby=viewCount&max-results=10" in /home/askbio/public_html/index_bio.php on line 257

Fatal error: Call to a member function children() on a non-object in /home/askbio/public_html/index_bio.php on line 260