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Home Maritime & Logistics News

Toll invests over US$130 million to upgrade its fleet

October 25, 2024
in Maritime & Logistics News
Toll invests over US$130 million to upgrade its fleet
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Australian logistics company Toll Group plans to invest A$200 million (US$132.6 million) in new vehicles aiming to refresh its fleet.

The investment will see 25% of the company’s Australian fleet renewed, with the introduction of nearly 400 Euro 6 standard prime movers and 20 rigid vehicles.

The fleet renewal investment is in partnership with Penske, Volvo Group Australia, and Isuzu, while the vehicles are set to be delivered from the current month.

Toll General Manager, Global Fleet Management, Shaun O’Flaherty, believes this investment will drive improvements in emissions, efficiency, safety, and driver comfort. “Our new fleet will feature the latest Euro 6 engines and improved fuel efficiency which is expected to reduce emissions by 5 to 10%,” he said. “The new vehicles are automatic, with advanced in-cabin ergonomics and safety features including adaptive cruise control, lane departure warnings, driver fatigue cameras, and onboard telematics that enhance the overall driver experience.”

This fleet upgrade supports Toll’s sustainability strategy to decrease its carbon footprint through the electrification of its fleet, the use of green hydrogen and alternative fuels, and designing sustainable and efficient facilities.

Toll plans further investments in fleet renewal to operations across Asia.

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