Tag Archives: Toll

Toll Tasmania wins Australian Freight Industry Award

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Toll Tasmania has been honoured as winner in the Australian Freight Industry Award’s first Transport and Logistics Waste Award category for its innovative new multimodal Scrap Box container design – providing a sustainable solution to reduce supply chain waste in the scrap metal recycling industry. Toll Tasmania’s Scrap Box was also nominated as finalist in the Best Practice Safety Award category.

The multi-purpose Scrap Box design creates greater sea freight transport capacity for all industries that ship cargo across the Bass Strait. The previous container design was only suitable for scrap metal transportation, but the new design caters to general freight and has eliminated 2,500 empty containers per year for Toll Shipping.

The higher-capacity container design now allows up to 40 per cent more scrap metal freight to be transported, at no extra cost to the customer. A new removable lid incorporated in the design allows containers to be stacked to create further capacity on the ship.

Read more at www.tollgroup.com

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Toll to energise oil and gas operations for Santos

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(Toll, 21 February 2014) Australia’s leading provider of transport and logistics to the resources sector, Toll Group, has been awarded a suite of contracts with leading oil and gas producer Santos Limited with a forecasted revenue in excess of $275 million over five years.

Toll resecured its role as a major logistics provider for multiple Santos operations across Australia.

The scope of work includes linehaul, infield and national freight support for Santos’ exploration drilling and production operations in the Cooper Basin, Mereenie crude haulage, linehaul in the northwest Western Australia as well as ongoing support for Santos’ Queensland GLNG operations.

Toll Global Resources CEO David Jackson said Toll Group was excited about continuing to provide services to one of Australia’s largest independent oil and gas companies.

“The Santos contracts confirm  Toll Energy as the leading provider of logistics support to Australia’s oil and gas industry, and extend a successful relationship that began in 2007,” Mr Jackson said.

“It shows quality logistics support for remote and difficult locations is possible, and it should encourage other companies to invest in operations in Central Australia.

“We look forward to providing critical support as Santos continues to expand its Australian operations.”

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Interim results 2014 of Toll

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  • Results largely in line with prior period with NPAT before non-recurring items up 1.4%
  • Improved free cash flow
  • Ongoing investment in depot network and fleet to strengthen competitive position
  • Cost control and productivity gains offset softer volumes in some domestic market sectors
  • Increased dividend

Leading transport and logistics provider, Toll Group, today released its results for the six months ended 31 December 2013.

Revenue was in line with last year at A$4.5 billion, net profit after tax before non-recurring items increased 1.4 per cent to A$176 million and Toll’s interim dividend increased to 13.0 cents per share.

Speaking at today’s announcement, Toll Group Managing Director Brian Kruger said Toll has continued to invest in its core network businesses despite ongoing economic and market driven challenges in both domestic and international markets, particularly in the resources sector.

“This result has been well supported by progress in improving productivity and reducing costs. While we have continued to do well retaining key customers and winning new contracts, the competitive environment has maintained pressure on margins. We remain disciplined in the returns we require when bidding for new work and this has limited revenue growth in some markets,” Mr Kruger said.

“We remain committed to ensuring we build on our position as Australia’s leading transport and logistics provider through continuing our targeted capital expenditure and investing through the economic cycle to position ourselves for future recovery in market conditions.

“Being able to invest in fleet, facilities and systems to meet our customer needs both in Australia and in our developing international business is a key differentiator, along with our focus on safety, with the last six months seeing further improvements in our performance in this critical area. This capital spending is well supported by our One Toll program, which continues to provide increasing benefits across the Group.”

Looking ahead, Mr Kruger said he was not assuming any near-term improvements in the external economic environment, so Toll will continue to focus on improving returns through winning new business, increasing productivity and looking for further opportunities to improve efficiency and management of operating costs.

“Overall, assuming no material change in the external environment we continue to expect underlying earnings before interest and tax for the 2014 financial year to be ahead of the prior year.”

A fully franked interim dividend of 13.0 cents per ordinary share will be paid to shareholders on 4 April 2014, an increase of 0.5 cents.

Source: tollgroup.com

Note: ExpressTracking now support Toll Global Express Tracking service. Go and have a try.

Interim results 2014 – Disciplined approach underpins consistent result

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  • Results largely in line with prior period with NPAT before non-recurring items up 1.4%
  • Improved free cash flow
  • Ongoing investment in depot network and fleet to strengthen competitive position
  • Cost control and productivity gains offset softer volumes in some domestic market sectors
  • Increased dividend

Leading transport and logistics provider, Toll Group, today released its results for the six months ended 31 December 2013.

Revenue was in line with last year at A$4.5 billion, net profit after tax before non-recurring items increased 1.4 per cent to A$176 million and Toll’s interim dividend increased to 13.0 cents per share.

Speaking at today’s announcement, Toll Group Managing Director Brian Kruger said Toll has continued to invest in its core network businesses despite ongoing economic and market driven challenges in both domestic and international markets, particularly in the resources sector.

“This result has been well supported by progress in improving productivity and reducing costs. While we have continued to do well retaining key customers and winning new contracts, the competitive environment has maintained pressure on margins. We remain disciplined in the returns we require when bidding for new work and this has limited revenue growth in some markets,” Mr Kruger said.

“We remain committed to ensuring we build on our position as Australia’s leading transport and logistics provider through continuing our targeted capital expenditure and investing through the economic cycle to position ourselves for future recovery in market conditions.

“Being able to invest in fleet, facilities and systems to meet our customer needs both in Australia and in our developing international business is a key differentiator, along with our focus on safety, with the last six months seeing further improvements in our performance in this critical area. This capital spending is well supported by our One Toll program, which continues to provide increasing benefits across the Group.”

Looking ahead, Mr Kruger said he was not assuming any near-term improvements in the external economic environment, so Toll will continue to focus on improving returns through winning new business, increasing productivity and looking for further opportunities to improve efficiency and management of operating costs.

“Overall, assuming no material change in the external environment we continue to expect underlying earnings before interest and tax for the 2014 financial year to be ahead of the prior year.”

A fully franked interim dividend of 13.0 cents per ordinary share will be paid to shareholders on 4 April 2014, an increase of 0.5 cents.

Source: tollgroup.com

Note: ExpressTracking now support Toll Global Express Tracking service. Go and have a try.

Top work in the Top End for Toll

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(Toll, 07 February 2014) Australia’s leading provider of transport and logistics to the resources sector, Toll Group, has been awarded a contract by global oil and gas exploration and production company INPEX, valued at $90 million over 10 years.

Toll will design, construct and operate the INPEX-operated Ichthys LNG Project’s Offshore Logistics Base in the Northern Territory, as well as provide ongoing logistical support for the project in the Browse Basin, located off the northern coast of Western Australia. Toll Global Resources CEO David Jackson said Toll was looking forward to a long and successful partnership with INPEX over the life of the Ichthys Project, which is estimated to be more than 40 years.

“The variety of work we’re doing for the INPEX Offshore Logistics Base is an excellent example of Toll’s capabilities in servicing the oil and gas sector,” Mr Jackson said. “This facility, along with the associated drilling support facility, developed for INPEX in Broome by the Toll Mermaid joint venture, demonstrates Toll’s commitment to invest in world-class facilities for our customers’ world-class projects.”

The Offshore Logistics Base will remotely support major offshore facilities in the Ichthys Field, which is about 820 kilometres southwest of Darwin in the Browse Basin. This will include supplying materials to the project’s floating production, storage and offloading vessel and central processing facility.

Toll will own the INPEX-dedicated facility, which will be used for the storage and distribution of spares, equipment and chemicals. The base will be located in Darwin’s East Arm Business Park Precinct. Construction is expected to be completed in early 2015, with the facility expected to be fully operational later that year.

Source: tollgroup.com

Note: ExpressTracking now support Toll Global Express Tracking service. Go and have a try.

Toll cements its commitment to the fuel sector

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Australia’s leading provider of transport and logistics, Toll Group, has secured a significant tender with Shell for a range of transportation services across Australia that is expected to generate revenues of approximately $250 million over five years.

The initial five-year term involves bulk fuel deliveries to service stations in Queensland, New South Wales, Victoria, South Australia and Western Australia.

The contract also includes interstate deliveries of both fuel and lubricants.

Toll Liquids General Manager Tim Kehoe said the new contract builds on the strong relationship that Toll has with Shell both as a large user of transport fuel and as a supplier of bulk fuel transport.

“We are really pleased to be expanding our business with Shell,” Mr Kehoe said.

“Our businesses are well aligned in our determination to put safety first at all times and Shell has recognised this in awarding the work to Toll.

“This contract supports our fuel distribution strategy perfectly and further confirms Toll’s commitment to sustainable investment in the sector.”

Contracts are expected to be finalised in the coming weeks.

Source: tollgroup.com

Note: ExpressTracking now support Toll Global Express Tracking service. Go and have a try.