The Toll Group is an Australian-based subsidiary of Japan Post Holdings with operations in transportation, warehousing and logistics in road, rail, sea and air. It has two divisions; Global Forwarding, Global Logistics. History In 1888, Albert Toll began a horse-and-cart coal hauling business in Newcastle. The Toll business was purchased by National Minerals in 1959. In 1962 it was purchased by mining conglomerate Peko-Wallsend. Under Peko-Wallsend, which used Toll for all its transport activities, Toll developed into a national carrier. In 1969 it merged with HH Chadwick to form Toll-Chadwick, and its new owners sought to integrate its businesses and expand into containerised shipping. After being rebranded Toll Transport in 1985, the next year it was sold in a management buyout to Paul Little and Peter Rowsthorn with five depots and 125 trucks. In 1989 it was rebranded Toll Express after entering the interstate market and moved its headquarters from Newcastle to Melbourne. In 1991 it began operating in Tasmania with the purchase of Tasmania Express. In October 1993, it was listed on the Australian Securities Exchange. In 1996, Toll Express purchased Brambles Transport Industries, followed by eight TNT transport and logistics businesses in 1997. In 1998 it acquired Ipec from Mayne Nickless. In 2001, Toll took over its competitor Finemores and the road transport interests of Wesfarmers taking its fleet to over 6,000 vehicles. In 2002, Toll purchased BHP's stevedoring business, took a 50% share in Pacific National that took over the FreightCorp and National Rail Corporation businesses, acquired the Brambles Shipping business, including the ships Tasmanian Achiever and Victorian Reliance and the Mayne Express business. In 2003, an 84% share in Tranz Rail was purchased and became Toll NZ. This was increased in 2007 to 100%. In 2008 the New Zealand rail and ferry operations were sold to KiwiRail. In 2009, Toll took a 55% stake in the Cambodian business Toll Royal Railway, a joint venture with Kith Meng's Royal Group to takeover over the dilapidated metre-gauge network in Cambodia. This was sold in December 2014. In July 2006 Toll acquired Patrick Corporation in a hostile takeover. In 2007 Patrick and Pacific National, were spun-off into a stand-alone listed company, Asciano. In 2007, Toll sold a 50% share in Toll Air Services, its aircraft ground handling business to dnata who purchased the remainder of the business in 2017. In 2012, Toll acquired a one-third shareholding in Bowmans Rail.