Toll Ipec

Toll Ipec is an Australian transportation company. It is a subsidiary of the Toll Group.

Toll Ipec
IndustryCourier
FoundedJanuary 1954
Headquarters
Melbourne
,
Australia
ParentToll Group

History

Toll Ipec was established in January 1954 as the Interstate Parcel Express Company (IPEC) operating two Peugeot utilities on express parcel services from Adelaide to Melbourne.[1][2] By 1968 it was operating in all Australian capital cities.[3]

In 1963, IPEC commenced operating interstate air freight services from Melbourne to Launceston service commencing with Douglas DC-3s chartered from Brain & Brown operating three services per night.[4]

In 1966 IPEC began operating another interstate air freight service between Brisbane and Cowra that contravened the Two Airlines Policy using a chartered Air Express Holdings Bristol Freighter, where it connected with trucks to Melbourne. IPEC had already purchased a Douglas DC-4 in England, however the Federal Government would not allow it into Australia.[5][6] The Cowra service ceased in 1967.[7][8]

In 1977 IPEC imported two Argosys followed by a further two in 1978.[9][10] In 1979, IPEC commenced operating services between Melbourne, Sydney and Brisbane using chartered East-West Airlines Fokker F27 Friendships.[11][12] A Douglas DC-9 was purchased in 1982.[13][14]

In October 1979, IPEC purchased British freight company Sayer Transport Group.[15] In December 1980 it purchased Skypack International with operations in 26 countries.[16] IPEC owned the Angus & Robertson publishing business until selling it to News Corporation in May 1981.[17] In 1983 Skypack International was sold to Thomas Nationwide Transport.[18][19]

In 1983 Mayne Nickless purchased a 50% shareholding.[20] In 1998 IPEC was purchased by Toll Holdings and rebranded Toll Ipec.[21][22]

References
  1. Fast handling is key feature of new Ipec transfer terminal Freight & Container Transportation May 1974 pages 34, 35, 45, 46
  2. History Toll Ipec
  3. Ipec takes over removals business of WHA Clues Truck & Bus Transportation May 1968 page 127
  4. IPEC flight defies Govt Canberra Times 23 June 1966 page 1
  5. Ipec in the air Truck & Bus Transportation July 1966 page 194
  6. Ipec air freight on the move Truck & Bus Transportation August 1966 page 120
  7. Ipec air freight plan is shelved Truck & Bus Transportation August 1967 page 112
  8. Ipec sells plane: Bris-Cowra air service stopped Freight & Container Transportation August 1967 page 42
  9. Govt gives Ipec green light to import planes Freight & Container Transportation March 1977 page 3
  10. Two more Argosies for Ipec arrive Freight & Container Transportation July 1978 page 6
  11. New IPEC services Canberra Times 3 July 1979 page 7
  12. Ipec's air cargo service starts as scheduled Freight & Container Transportation August 1979 page 5
  13. Govt has approved Ipec importing jet aircraft Freight & Container Transportation September 1981 page 12
  14. Ipec flying into Qld - and moving into air charter market Freight & Container Transportation August 1982 page 3
  15. IPEC buys British transport group Canberra Times 13 October 1979 page 24
  16. IPEC pays $3m for Skypack courier group Canberra Times 12 December 1980 page 15
  17. News group to buy A and R Canberra Times 2 May 1981 page 19
  18. Ipec sheds a global operation Canberra Times 17 February 1983 page 21
  19. TNT take over Ipec's foreign courier service Freight & Container Transportation March 1983 page 31
  20. Mayne Nickless lifts profit to $17.3m Canberra Times 26 February 1985 page 14
  21. Mayne-Toll Deal] The Australian 30 September 1998 page 43
  22. Acquisitions Toll Group
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