July 23, 2016 6:13 PM ET

Air Freight and Logistics

Company Overview of Toll Holdings Limited

Company Overview

Toll Holdings Limited, together with its subsidiaries, provides integrated logistics services. It operates in six segments: Toll Global Resources, Toll Global Logistics, Toll Global Forwarding, Toll Global Express, Toll Domestic Forwarding, and Toll Specialized & Domestic Freight. The company offers less than full load express and economy freight forwarding services through various modes of transport; full load road and rail freight forwarding services; temperature controlled transport services; warehousing and distribution of bulk dry and refrigerated goods; and wharf cartage, container handling, and storage services. It also provides contract distribution, time sensitive parcel freight dis...

Level 7

380 St Kilda Road

Melbourne, VIC 3004

Australia

Founded in 1888

40,000 Employees

Phone:

61 3 9694 2888

Fax:

61 3 9694 2880

Key Executives for Toll Holdings Limited

Chief Executive Officer, Managing Director, Director and Member of Nomination & Corporate Governance Committee
Age: 54
Chief Financial Officer
Chief Executive Officer of Resources and Government Logistics
Age: 59
Chief Executive Officer of Global Forwarding Division
Chief Executive Officer of Toll Global Logistics and President of Toll Global Logistics
Compensation as of Fiscal Year 2016.

Toll Holdings Limited Key Developments

The Toll Group Appoints Francoise Russo as New Chief Information Officer

The Toll Group has announced the appointment of Francoise Russo as its new chief information officer, or CIO. Ms. Russo has an impressive record working globally in information technology for some of the companies. After starting her career at Procter & Gamble, she spent seven years at Diageo before spending the last seven years with British American Tobacco (BAT), based in the UK. Her global experience has included time working across Europe, the Middle East, Africa, Asia, North America and Latin America, and she has recently relocated to Melbourne before accepting this role.

Toll Holdings Limited Form Joint Venture with DP World Australia, Ltd to Deliver Freight by Rail into and Out of Port Botany, Australia

Toll Holdings Limited has agreed to form a 50:50 joint venture (JV) with DP World Australia Ltd. to deliver freight by rail into and out of Port Botany, Australia. Both the companies are based in Australia. The JV will connect a container staging zone at Port Botany, Australia to an intermodal freight terminal in Villawood, 25 kilometers West of Sydney, Australia to deliver service for importers and exporters.

The Australian Competition and Consumer Commission Concludes Investigation into Alleged Anti-Competitive Conduct by Toll Holdings Limited

The Australian Competition and Consumer Commission has concluded its investigation into alleged anti-competitive agreements between Toll Holdings Limited and the Transport Workers Union of Australia and does not consider that the alleged conduct contravenes the provisions of the Competition and Consumer Act 2010. The ACCC commenced its investigation following hearings of the Royal Commission into Trade Union Governance and Corruption. The Royal Commission received evidence about two separate confidential deeds entered into by Toll and the TWU, in the context of negotiations for the Toll-TWU Enterprise Agreement in 2011 and 2013. The alleged conduct related to a provision in each of the deeds, under which Toll agreed to make annual payments to Transport Education Audit Compliance Health Organisation Limited, subject to the TWU meeting certain key performance indicators (KPIs). The ACCC's conclusion was based on a number of factors identified during the course of its investigation, including that: the market for road freight transport is fragmented, with no single business having a significant share of the market, so it is not likely that the provisions could have had the effect of substantially lessening competition in that market; none of the relevant provisions was given effect to, and hence there was no competitive harm from the conduct; and there was no evidence that the purpose of the relevant provisions was to substantially lessen competition.

Recent Private Companies Transactions

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