Toll Group
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Toll Group

Toll Group is an Australian freight company that operates a logistics and global freight forwarding network spanning 150 countries, with over 20,000 customers. Toll has more than 16,000 workers across 500 sites. It is a subsidiary of Japan Post Service.

Albert Toll established Toll in Newcastle, Australia, in 1888. The business began by moving coal with horse and cart, and by the time of Albert's death at 95 in 1958, Toll was running a range of fleet trucks from five different locations.

National Minerals purchased the business in 1959. It then became a part of mining conglomerate Peko Wallsend a decade later. Peko Wallsend utilised the Toll transport business for all its transporting needs, making Toll a popular domestic carrier across the country.

The business changed name to Toll-Chadwick when its new owners wanted to blend their businesses and start using containerised shipping. By the mid-1980s, Toll-Chadwick had evolved into one of Australia’s most significant transport companies, operating beyond the nation’s capital cities.

Toll was purchased by its management team in 1986 by Toll’s first Chairman, Peter Rowsthorn and Toll’s Managing Director at the time, Paul Little. The duo developed the business through acquiring modest, strategically located transport companies.

In 1993, Toll was listed on the Australian Securities Exchange (ASX).

After its listing on the ASX, Toll progressively built its reach and service capabilities via a program of strategic acquisitions. In the process, Toll expanded its operations in logistics and freight forwarding across the Asia-Pacific region.

In June 2000 Toll Holdings launched a takeover offer for Finemore Holdings. The bid was not successful with Toll only gaining a 68% acceptance when 90% was required, with Lindsay Fox using his 10.1% shareholding to veto the deal. A scheme of arrangement, that only required 75% acceptance, was accepted with the transaction completed in March 2001.

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