Qube Logistics
Type | Public (ASX: QUB) |
---|---|
Industry | Logistics, rail transport, stevedoring, warehousing |
Predecessor(s) | KFM Diversified Infrastructure and Logistics Fund, Kaplan Equity |
Founded | 2010 |
Headquarters | Sydney |
Area served | Nationwide |
Key people | Chris Corrigan, Chairman, Maurice James Managing Director |
Total equity | A$1.4 billion (June 2012) |
Website | www.qube.com.au |
Qube Holdings Ltd is a diversified logistics and infrastructure company in Australia. It was founded in 2010 after the investment trust KFM Diversified Infrastructure and Logistics Fund acquired Kaplan Equity and became a standard operating company, rebranded as Qube Logistics.[1][2] Kaplan Equity part owned P&O Automotive and General Stevedoring and P&O Trans Australia[2] (which in turn owned South Spur Rail Services and Southern and Silverton Rail). Qube acquired outright control and majority ownership of P&O Trans Australia in April 2011.[3]
Operations
Ports
Qube has freight handling and stevedoring facilities at 29 ports in Australia through its subsidiaries P&O Automotive and General Stevedoring, Northern Stevedoring Services, Australian Amalgamated Terminals, PrixCar and the W Qube joint venture between Qube and Wilhelmsen Ships Service.[4]
Rail
Qube operates freight services in regional New South Wales and Victoria, and between Melbourne and Adelaide. Subsidiaries South Spur Rail Services and Southern and Silverton Rail, which operate regional freight and infrastructure services in New South Wales and South Australia.
In June 2012, Qube announced it had entered into an agreement to purchase Macarthur Intermodal Shipping Terminal Pty Ltd, whose assets include Independent Rail of Australia.[5]
Locomotive fleet
Class | Number in class | Built | Notes |
1100 | 8 | 2011-2012 | 4 more on order. |
14 | 14 | 1972–1974 | Ex-Independent Rail of Australia. 5 stored. |
44 | 9 | 1961–1967 | Ex-Independent Rail of Australia and P&O Trans-Australia. 2 stored. |
442 | 6 | 1971–1972 | Ex-Independent Rail of Australia. 1 stored. |
47 | 1 | 1971–1972 | Ex-Independent Rail of Australia. |
80 | 5 | 1980–1983 | Ex-Coote Industrial. |
RL | 3 | 2005-2010 | Ex-P&O Trans-Australia. |
GML10 | 1 | 1994 | |
CSR Ziyang SDA1 | 6 on order. |
References
- ↑ "Corrigan eyes Patrick dream at Kaplan". Sydney Morning Herald. 6 February 2010.
- ↑ 2.0 2.1 "Chris Corrigan enjoying life in a slower lane". The Australian. 28 August 2010.
- ↑ "Corrigan on fast track with $106m ports deal". The Australian. 19 April 2011.
- ↑ "Automotive, Bulk & Stevedoring". Qube Logistics.
- ↑ "Qube expands regional rail capacity". Qube Logistics Holdings Limited. 7 June 2012.